Get into the property with cash and refinance on the back end with a commercial loan that doesn't require a 12-18 month seasoning period.

The benefits to using available cash to fund multiples investments as opposed to paying all cash for one investment seem pretty self explanatory, but the largest benefits...especially in real estate...are likely the ability the spread risk across multiple investments and the ability to make multiple investments in a shorter period of time, allowing your cash flow, equity, and ultimately potentially your net worth to increase at a faster pace.To answer your question about traditional financing directly, yes you can obtain a traditional mortgage and put a large cash down payment down, essentially financing 'part' of the purchase price.

For SB1079, a prospective owner-occupant can bid on the property post-sale and win the auction within a 45-day period.

However, given the acceptance of my rent payment for the entire month, I am assuming that this implies an extension of my tenancy through the end of July and hence I canceled the reservations I had made with the moving company.As I am now a month-to-month tenant, please confirm whether you will be providing a proper notice period if my tenancy is to be terminated.

I can't believe it's been 3 years since my original post but so much has changed over this time period.

Thank you for the thoughtful responses.....I will show them the comps, and start with a $150 bump, which is still very under market.Will go to a lease, and note the projected annual increase of $75-100 at next lease renewal period, to get them in line over time. 

Let her know that it is only for her to live in and if she has guests that stay for more than 2 days (or whatever you think is reasonable) in a 6 month period, she needs your permission....or she has to find another place to live. 

Generally speaking, the developers I work for negotiate feasibility timelines and execute a lease with their tenant during that period and the lease is contingent upon them closing. 

There was decent to good cash flow for the period I held these properties.

There was decent to good cash flow for the period I held these properties.