If potential owners can't get qualified financing then units dont sell and thus prices decrease without rental restrictions.

However, on the resale value you will be restricted to the cashflow / cap rate valuation.  

Hi,Another issue you may encounter trying to do this is the restrictions on time frame between selling all of the properties and rolling over the proceeds into another property.

Pretty soon all states except the ones that lag behind everything else will make wholesaling restricted. 

First you must determine if you want to purchase the service station operating business and lease the real estate, purchase the real estate and be a landlord to the station operator, or purchase both the operating business and the real estate.Many of the best locations are either owned by oil companies and leased to operators, or have restrictive contracts with severe penalties for changing gas suppliers.  

@Dino Haramis I am unsure of specific rental laws in San Carlos but if there are no rent control/eviction restrictions, then start by sending a 60 day notice of termination of tenancy.

Restrict your consumption (e.g., TimFerris stoicism-style) and avoid a property purchase for your primary residence, unless you intend to house hack over and over.

Assuming lender restrictions stay the same, if you were to get a cash buyer or someone using conventional financing - non FHA, it wouldn't be a problem.The property my wife and I just bought has a duplex up situation that was marketed as a 6 bedroom and 2 bath duplex.  

Just a matter of finding out whats right for us given our restrictions not being able to leverage (through banks and lack of a credit score at this stage)

I don't have any restrictions on how I can use the heloc.