They all appreciate but peninsula is more stable in downturns and recovers the fastest, I witnessed this myself in 2012 further in east bay was still about 40% down and peninsula and "tech" cities already recovered fully.I am not sure you need a loan or not, recently I asked my mortgage broker he told me for a second home it would need to be at least 50 miles away and also in a city known for vacation activity .   

Dad beat the living Hell out this guy dragged him to the bathroom turned the bath water on and drowned the guy.

If your net sale of the SF rental is $250 then the portion of the new MF used for investment must be at least $250K in order defer all tax.Proceeds from the 1031 exchange can fund the entire down payment. 

We are still in a very tight, low inventory market- but appreciation has never been higher- it's a great place for a wealth-building investment portfolio- it sure beats the highs and lows of the stock market! 

You can ignore the people beating you over the head or shaming you based on their own ideology in this thread.

More likely that the place just sells faster.

Workarounds:- Not all assumable mortgages with be at such a low LTV (loan to value) there are examples of properties that require 15-20-30% down.

Commercial residential MF has taken a beating.  

It's a great market but you need to be liquid and you need to either build your own wholesale outfit or be at the top of the buyers list at 2 - 3 pf the best wholesalers of the area.

The timelines seem very standard for Cape Coral, to be at septic approval/inspection for a year if I read your post correctly.