Hi All,New to real estate investing, but love the idea of house hacking. An FHA loan limit for a 4 unit in that area is 1.2 million. I wanted to ask people from the bay area if it was still possible to house hack seei...

CAP was determined by talking with a contact who works as a multifamily broker here in San Diego and was told a safe number for beginning cost analysis would be 3.97%  Now to my question, my partner and I have different thoughts as to the first letter to send to the ownership.  

I know what I have to do in San Diego, but I have no clue if Encino has some extra hoops to jump through.

So people throw around the word "bubble" because it makes them sound smart.Don't try to predict and anticipate, just react when opportunities arise.People are being greedy in San Diego in RE, you should be fearful. 

When I put a rental up on Craigslist, it's insane how many calls/emails/texts I get for like a month.

Mostly consists of Millennials entering their prime "settle-down" years who are realizing they'll never afford a home for their family in the Bay Area, and Boomers and Gen X'ers who just sold Grandpa's house in San Jose for over a million and can come out here and buy something all-cash and still have plenty of money left over to retire with.I have written more about this migration pattern here if you want to know more:https://www.biggerpockets.com/forums/621/topics/396725-millennial-migration-to-sacramento-2017---here-comes-the-rushFor some B class neighborhoods, I would recommend that you try looking in North Oak Park, Arden-Arcade, Carmichael, and the area South of 50, East of 99, and North of Fruitridge Rd.

Client now lives in San Diego and is looking to do a 1031 / 1035 exchange from that rental property to a primary residence here in San Diego.

Hi @Richard Hartman -- Welcome to BiggerPockets.There's lots to learn here in the forums, as well as from many other resources like books, etc.You happen to be in a great market there in San Antonio.  

No and I've only thought of it once and that was because a buildable lot in Raintree Country Club (arboretum area) came up...but I still didn't do it.It's too eexpensive, takes too long and way too time consuming especially for an investor and LAND PRICES in any area you should be investing in would be insanely priced.I think its great you are thinking of all options.

I am from Watertown, MA but I live in San Diego, CA now.