Quote from @Jay Hinrichs: But like I said its only a handful of folks I would trust to be my clients for this type of activity far more risky than vanilla lending.Why do you believe the risks are higher in the scenario I outlined where clear title is guaranteed at closing but not weeks in advance to present to an underwriter? 

The local agent that was present at the beginning of the project had gone completely silent.

Yes, it can feel like "wasted" money on months where rent is auto-paid and there is no maintenance to be done, but when you get a bad tenant or two or when deferred maintenance finally catches up to you, they certainly earn their keep.At your scale, you might be able to get a bulk discount with a good PM, especially if you can show how well your current systems are working and how they'd be needed less than usual.

Investing in the Bay Area, especially in older multi-family properties, presents unique challenges and opportunities.Old Construction: It’s true that many of the small multi-family properties in the Bay Area are older.

This is not a business you can defer to a property manager. 

This includes removing of all commission data from the MLS both past and present.

You’re absolutely correct—at REI Nation, we purchase properties in our name, handle complete renovations, and then present them to investors once the work is finished.

Major corporations like Oracle, Hewlett Packard Enterprise (HPE), and Charles Schwab have relocated their headquarters to Texas since the pandemic, with CBRE noting that companies can save 15% to 20% in employee wages by making the move.Census Report Link: Texas experienced the largest numeric population change in the nation, adding 473,453 people in the past year alone, surpassing even Florida.The recent price decline follows some of the largest appreciations in the nation and presents an opportunity in a state that continues to experience tremendous growth. 

However, If you are advising others of this equity drop, maybe you should present your case or evidence as to where your theory comes from.

We're looking at potential deals and some of the agents often present very rosy scenarios of rents, coc, and minimal expenses.