However, the existing tenants are paying about half of what current rates appear to be, according to my research on Rentometer, Apartments.com, and HotPads.

It certainly gives the appearance of a spacious and luxurious living space.Thanks, Jack

Partnering with a money investor could help to enhance the property's appearance and value.

It will lead to less cash out of pocket even if their LTV's might appear lower than lenders who do not capitalize the interest reserve or finance settlement costs or origination fees.

Should the project be 100% complete before I sign this as it appears I am waiving my rights to hold the contractor accountable after this letter is signed.

This shows that there are buyers for the multis, but at the same time those new owners appear to be picky about the tenants they choose.

Tenant appears in court and requests for a trial.

Still, despite affordability challenges, homebuyer demand appears to favor already expensive, coastal markets with a limited availability of properties for sale.”

Finally, an interesting property has popped up but I don't know if it would make sense in the long term.Some numbers:(I know I said HCOL and this may not appear to be that, but coming from the midwest, this was a significant jump)The avg fixer-upper single-family home is going to run us ~325k and with around $40,000 down and a 6.9% interest rate we're looking at something like $2,400 a month PITINow the duplex I mentioned would go for about 100k more and with the same down payment and interest rate we'd pay something like $3,200 a month.

They apparently stopped insuring anything over 30 years old.The property is only a little under 4200 sf with a ground floor salon and two residential units in the 2nd floor, but I'm having a heck of a time finding another insurance company as the challenge appears to be due to its being a mixed use property.The city of Alameda has a bunch of similar mixed use properties and I will be reaching out to other owners as well.