Unfortunately, Covid decided to change my plans, and I made the decision to hold off, in hindsight it was a huge mistake and no one could have imagined that property values could have increased at such a high rate.

They usually have a process for filing a claim with the city for damage caused by them, and they may be willing to cover it.

Or maybe it could be a 10 year lease with a 90% discount.

Hi Kwanza,Bay Tek (650-204-1512) would be a great starting point, but I’d also recommend reaching out to Adler Builders (650-398-9030) and Mission Home Remodeling (415-855-7269) for comparable bids.In San Francisco, you’ll need a licensed General Contractor (GC) to pull the necessary permits.

For a cash out refi, you are generally limited to 75% LTV and rates right now are in the mid 7s for good credit and a DSCR over 1.0. 

Assuming an only child situation where you’re not screwing a sibling.

At a 7.5-8.00 interest rate you may be able to break even on a dscr loan.

Also, first time working with a private money lender.

If you have an issue with that, or are long distance, hiring a property manager is a must.

I imagine it can be tricky without face-to-face interaction, but it sounds like you’ve got a solid approach.Honestly, I don't have a process for establishing trust with sellers other than being polite and professional.