He didn't want the walls, so he could  keep his cost low.

Thinking about marking them up 20 percent and chsrvyhg interest in the low teens.

He started doing small, low-key investor dinners where everyone could swap stories and insights, no hard pitches, just good conversation.

You'll definitely get the long term appreciation in the San Diego market since our supply levels remain low which helps to insulate our market here, but it will be hard to cash flow on immediately unless you use one of the above strategies I mentioned. 

I'm just gradually deleveraging, this next time by likely buying all in cash, and continuing to not lever my properties until cap rates are lower than interest rates... unless I can get cheap and low leverage debt through assumption.

In my experience, Section 8 tenants are low-quality.

Is it wise to buy some units with high cash flow and low appreciation, and others with lower cash flow but high appreciation to diversify my portfolio?  

We will have a light recession + higher inflation, but not hyperinflation and this euphoria we've faced in the last 4 weeks.

I see so many landlords lowing money through rookie mistakes, yet they continue looking for more doors.

HELOCs let you access equity as needed, keeping costs low unless you use the funds.Key considerations: If you plan to scale quickly, the HELOC might provide the liquidity you need for faster moves.