All - I have a goal of owning at least 10 cash flowing doors within the next ten years.

So the fact you’re already thinking about using your sweat equity to add value is a great sign.Even though you found this deal on your own, a solid realtor can do more than just open doors for showings.

There were at least 5 individuals who seemed ready to rise to the occasion and help this poster with their borrowing needs.

Look for multis with separate entrances in different areas like one door in front for one unit and a door on the side or back for another.

High level local impacts are rising rents from Santa Barbara to San Diego and high demand for luxury purchases.

added 2 walls, added an eyebrow porch, removed an exterior door.  

Navigating the Surge in Rental Application Fraud: A Guide for Landlords and Property ManagersIn recent years, the rental market has experienced a troubling rise in application fraud.

I do have floating rate agency debt, however, and rising rates coupled with lack of rent growth has been a drag on cash flow. 

At 1.98M and 32 units, that is a fairly low price per door. 

It all started with removing some interior walls and changing the floor plan, removing a chimney, adding a bedroom and bathroom, installing patio door to the backyard, and completely renovating every other interior element What was the outcome?