To be honest, I´m in the Maintenance & Construction for corporate businesses for some US companies in Mexico and we do some Real Estate down here also, but it´s way much different than the US, so I have much to learn from a lot of people around here and as @Julio Gonzalez, I think this is pretty much the right pad and place to start and to break my fears to start all over again from scratchAlso, I´ld like to hear more from @Justin Brickman why he voted for his city, pros and cons, it will help to read from a local...As I said before, thank you all guys for taking the time to write in this post and share some experienceDo you plan to owner occupy. $40k will not get you a non owner occupied San Diego property unless you find some unlikely alternate financing.

I wanted to share some key insights from Rentometer’s analysis of over 5 million rental searches in 2024.

If you ever want to chat more, let me know—I’m happy to share what I’ve learned!

@Greg O'Brien - Do you mind sharing your company details? 

I also have nationwide connections and would be happy to introduce you to contractors if you can share more details about your project scope and specific needs.

HOW TO SHARE UTILITIES 101You have a property with two or more units and the utility meters are shared.

Starting with a single-family home in Kansas City is a smart move, and it sounds like you’re really digging into the numbers, which is super important for making informed decisions.From what you’ve shared, your offer of $140,000 with an 8% interest rate and a 20% down payment seems like a solid starting point.

Can you share what your findings were?

Let’s network and share experiences to help each other grow and succeed!

Ashish, this is so helpful, thank you for sharing!