And maybe diversify a little, invest half in a low cost S&P500 fund like VOO and the split the rest across 2 or 3 syndications.

There is no PPP and the closing costs are slightly lower compared to a DSCR loan. 

The previous owner used it occasionally and rented it out to offset some costs.

I was chatting with some of my lending buddies at big banks and they are all backing away from the CRE space including office because operating costs are increasing more quickly than rents.

In southern CA, even garage conversion ADU additions are typically costing more than the value added.  

For flips, ensure the profit margin after all costs is at least 20%-25%.

It costs $10 to register to attend the events, but your attendance comes with an all you can eat buffet at The Asian Star Buffet.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

@Tiffani HollisFor a long-term rental, I’d avoid used dishwashers entirely—repair costs and reliability issues often outweigh the savings.

My cost wont necessarily be the same or comparable as I GC my own projects and have trade skills.