I have invested 7 times. 5 of 7 are not paying out and have not paid out and now asking for more capital. they have no idea what they are doing. they are over their heads.

No disclosure on the sewage problems or any of the interior rehab required as all the BPO listed was a mere $3500 repair estimate for exterior cosmetic issues.An out of state buyer would have no idea that his $90k "bargain" needing minor repairs was actually a $10k property requiring major repairs that exceed the value of the property. 

I will do more further research on this topic to identify for accurate numbers for the report. 

Here are a few ideas to explore that might help you get closer to homeownership in San Diego without selling:Cash-Out Refinance:Refinancing one or both of your El Centro properties could free up additional cash for a down payment without selling.

FYI, if you're cash strapped - not the worst idea to potentially partner up with someone to soften the blow of the $30-$40k for the garage/rental completion. 

The more content I provide on a given topic to Google means I have better understanding of that. 

Would love to hear more on this topic.

However, I do like the idea of bringing less cash to the table.Any thoughts between these two options?

Like I see how it could work in a perfect world but i cant wrap my head around the idea that I could be making a profit if I still don't actually own the house and still have to pay down all of the loans.

I've done a lot of research on this topic as both an investor and as one who assists other investors in exploring this strategy.