It's a sure path to failure. if you're goal is cash flow and you live in a high cost market which is any where in the Bay Area, you really don't have a choice but to go out of state, otherwise you're just trying to pound a square peg in to a round hole.

I'm new to taking action with REI and am willing to step forward, fail, learn from failure, and progress that much faster.Edit: Also, if anyone has any recommendations to make the deal analysis more efficient, I'm all ears.

I have one property that was a complete failure from day one.

PHA failure to pay the owner is not a violation of the lease.

In my experience over a couple of decades of doing rentals and helping others, the #1 failure mode is lack of capitalization. 

Possibly a 2nd attorney if the prior contractor (if improper work caused the issue) or the city (failure to maintain or test the pipes) to be sued.  

The home foreclosure was due to failure to pay, certainly not neglect or structural issues.

Don't want to set ourselves up for failure even though I know the first is a valuable learning experience.

Especially after you get a late failure to secure the loan from another lender.He has provided us free comp service.

Especially after you get a late failure to secure the loan from another lender.He has provided us free comp service.