She does not want to live in the house so we are trying to figure out a reasonable strategy for leveraging the house to buy a property that is in a more desirable location. 

Also there is this fear like high density housing might make the neighborhood less desirable and dilute the privileged status.

For reference sake, we have one mortgage at 7.5%; one at 5%; and all other financing below 4% with an overall portfolio weighted average interest rate of 3.785%I don't care too much if you have 5 properties or 500, but I'm curious if others have gone through this thought process at some point in their real estate investment journey and if so how did you make this decision?

In Southern California, multi-family properties offer potential for appreciation along with some cash flow, given the steady population and desirable market, but higher property costs, taxes, and insurance can eat into your profits, and finding a suitable unit in your budget might be competitive.

Keep that in mind, these people have been conditioned to use there head as a neck weight.

So I do not desire this to be an attack the Carl’s.  

Depends on how long it takes to reach your desired credit score.

Well Don, it depends on the desirability of the asset to other possible buyers (As guessed at by me), as well as if the offer is predetermined to be a lowball offer.Some sellers do not have a lot of ability to go down much and a plethora of buyers may drive the price up above what I think it should sell for . 

To really justify your house, you need someone with the median income in your city to bid it in comfortably.Demand is not "higher", it's desire that is higher.

If you so desired, you could still use your credit to acquire a traditional loan while simultaneously carrying out a subject to.ConsThe Deal Is Final: For better or for worse, subject to transactions are final.