Once you own here and a few years go buy, you'll feel incredibly blessed to have your own property both in terms of cash flow and appreciation.There is a saying of owning real estate here:  "It's the bay area retirement plan". 

Only issue is the debt service coverage ratio is about 1.0 piti (20% down) will end up at about 2400/mo rent is likely 2400-2500.There is some value add work which can be done in terms bringing the finished basement up to fire code so it can be considered living space.What do y’all think.

However, given the current economic climate, where interest rates are notably high, I'm concerned about the feasibility of acquiring new property in 2024 that would not only be financially viable in terms of cash flow but also suitable for leveraging accelerated depreciation benefits.

If there is any tips on making things easier (in terms of not having the submit all that paperwork) that would be appreciated.

Good in terms that they tell you beforehand that they will charge such and such on this type of work.

If your state is similar to Colorado in terms of numbers of Realtors vs.

Second, in terms of asset protection, LLCs are not invincible, but I think what many don’t understand is that they are not designed to completely shield your assets from liabilities, on the contrary they are designed to contain and isolate liabilities.

Much further research is necessary, but what does everyone think in terms of benefits of investing locally?

I can't find much in terms of companies that offer this from my internet sleuthing.Thanks for the help!

In the meantime I'm looking for some options in terms of creating some financing to scale.