What role do you envision playing in the ongoing activities of the investment?

In my experience, the ongoing costs have been higher than expected to maintain a quality experience.

Its a strange phenomenon.For the record, I plan to invest in multi family units in 2019 and I will NOT be looking in San Jose for that very reason It's an interesting subject and is an ongoing discussion at https://www.biggerpockets.com/forums/12/topics/609...My answer is there, the post with the spreadsheet.

The appreciation cannot continue similar to the last 5 years and the last 5 years has much higher appreciation than the historical appreciation (which is high but not as high as the last 5 years).They are assuming on-going rent appreciation on par with the last 5 years. 

I plan on going the hard money lender route.

If you are OK about moving, that's a way to keep on going without the bigger down payments.Let's fast forward to your next few investment properties.  

Will most likely be lots of he said she said and carrying on going that route.

You would have ongoing filing requirements with the State and would need to keep business records and documentation.You also want to look at whether a pass-through entity helps your bottom line and your taxes.

I had originally planned on going but will unfortunately have to miss.

Ongoing - $300/door/year reserved for CapX