I work as an acquisitions associate with BPG Holdings, a local real estate investment fund in Alexandria, and also work as a realtor for our fund's brokerage team, assisting clients with investment properties in the D.C. metro area.I've recently created a series of reports focused on the city of Alexandria and its sub-market development prospects, which I believe alongside other macro trends will make the city an amazing buy-and-hold investment for real estate investors.

Quote from @Kyle Luman: I just listened to the recent BP podcast with Dr Benjamin Aaker and Dave Meyer from a couple of weeks ago.https://www.biggerpockets.com/blog/real-estate-1045There was a section where Dr Aaker talks about focusing on equity and trying to avoid cash flow since he didn't want more income presently while earning money as a physician. 

Your focus on building equity and achieving independence aligns well with your chosen strategies. 

You get so much wealth and start getting older you enjoy the business but focus on quality of life more and memories. 

Either1) your startup takes off and you can distribute profit fast enough to pay off your debts, or2) you find another source of $100,000 a year (which barely even starts to pay down the $300k, but might provide a better chance for a better loan), or3) you BK and possibly lose the rental houses to creditors (hopefully not, but we don’t know how they are held), or 4) you sell the houses, take the tax hit, work with the IRS on a payment plan whose interest will be much lower than your CCs, and focus on the startup.  

., major systems like plumbing/electrical)Full Gut/Studs Down: $85-$120 per sq. ft.Luxury Finishes: $150+ per sq. ft.However determine the Rehab Costs are only a part of analyzing a deal, you also have to focus on determine the After Repair Value of the property in the specific Area/LocationIf you’re focusing on specific markets and ever want to discuss analyzing deals or strategies, feel free to connect, Our firm would love to help you!

Instead of focusing solely on cash flow after a large down payment, we analyze how the property performs with less cash in so you can see if it holds up.

The remaining 40% has to be prorated.If you are not working with an accountant focused on real estate and you are focused on real estate, it may not be a good fit.

I've attended several REIA meeting lately focusing on market conditions and cycles in CA real estate, and the keynote speakers have all touched on the point that SF is at the peak right now.  

DSCRs focus on the property’s cash flow rather than your personal DTI.