@Calus Glispie the purpose of earnest money is for you to have skin in the game.

Finally, when you want to sell you will have the same difficulty as the current seller has: discount the price or offer seller financing (which if you have debt on the property already you might not be able to do).So if you can live with all of that you might have an opportunity to take down a lot of units with a small down and seller financing—and it might be a good cash flow play—but be cautious about how you get this down payment.

I’ve had a lot of difficulty getting showings in tenant occupied multi family houses because of the disruption/ notice to the tenants required.

Nicole.Finding multifamily that cash flows in the bay area is very difficult. I

IDEALLY I would love to find an investor who basically has been doing this and wants skin in the game but does not want to deal with the head aches of the construction or management side.

My lender said he should be able to get me out yet is having difficulty.

While I was doing my due diligence on this process, I found some difficulty getting details on what to expect so wanted to share my experience as a data point in hopes of helping others who may be going through this process.

You may want to partner with someone local to make sure everyone has skin in the game.

@Joseph GarnerThe more skin in the game you have, the less likely you are to walk away from the loan if it goes south. 

This spells difficulty as either wages will increase, further pushing up cost of living for everyone or these businesses will have to close or move. in my humble opinion.