That ship has already sailed, but all of the stuff we do is within 10 min of downtown...lots of gentrification, and even though that's not our play (we're all about cash flow), there's lots of potential upside for appreciation.  

Don't play with senior money like a junior.

Right now with the feasibility study We're anticipating about $4,000 for the SFH and $2,200/mo/unit on the ADUs, totaling about $10,600/mo in rent revenue so the initial rents look great.However, I don't know how the loan will play out.

Instead of eating leftovers we eat hot n ready pizzas, instead of paying for a college class and doing it get ahead we buy a six pack and play madden, instead of driving our old car we buy a new one.

This goes back to when the states acted more like individual countries and didn't play well with each other.

My belief is there are 2 primary plays in coastal CA cities 1) patience (long term coastal CA RE has always produced good to great return) 2) value add.  

Another consideration is that he may be retiring soon so do we need to make the purchase before he retires because DTI will come into play? 

As a DSCR specialist, AZ is one of the 5 states that makes it strict for lenders, so less than 20% of DSCR lenders can touch it.Credit will play a factor, but assuming solid credit, 75% LTV at around 7.4% with no buy down.

The increased potential returns comes with significant increased risk which is not playing out well for many right now.

We started playing around with AI Callers for inbound lead appointment setting, the results are pretty encouraging.