Apparently, local jurisdictions here are saying they want more affordable housing, but in the same sentence will also say that there will be more regulations, more environmental protections, and more hoops to jump through to develop starter homes. 

There are more buyers for SF homes, but Multifamily properties typically cash flow better as you mentioned. 

When you say you want to prioritize cash flow over equity, you want to watch out for people honing in on that and selling you "good cash flow" deals which will be in D neighborhoods and will come with high capital expenditures and harder tenancies.

If for some reason this falls through should I attempt to offer more money for a quit claim deed or proceed with the newspaper notification process. 

Flip side, for a third of that you are trained to find properties using creative finance taking over existing low interest loans that cash flow and you are buying in decent neighborhoods with every day lunch box Joes that have kids and go to work and pay rent on time. 

The federal government took control to prevent collapse, manage through crisis (and their mismanagement), and potentially reform these institutions for improved stability in the U.S. housing market.

The tax benefits refer to the tax deductions from mortgage interest and property tax.The returns mainly rely on appreciation, and the cash flow only improves in the last few years, also depending on securing the 5% refinance rate.I've learned a lot from this forum, but as I start to operate on my own, I'm still not completely confident.

I'd also suggest self-managing your first property to maximize cash flow and learn by doing for any future investments.

When I originally invested with NB through you, I had asked about how well NB communicates with their investors.

We were told explicitly that they don't want have time to do more showings bc they think a tenant is comitting, and that tenant fell through in the end.