From my experience you should expect a 10% to 15% of gross revenue for repairs/maintenance. 

Rent control in the bay area can be extreme as many areas have rent control in excess of the state mandated rent controlIn general experience RE investors are not choosing to add a single ADU in single family zoned areas.  

It seems like the LO's have no experience working with investors and are not very concerned with trying to make the numbers work.

I am an accredited investor, looking to invest 50k to start since it’s my first one, and predominately interested in multifamily as my only previous experience is a rental I manage on Airbnb.

Does anyone have experience with the BRRRR loans?

By tackling them early on, you minimize the risk of missing critical dates.In my experience, closing a deal within a specific timeframe requires meticulous planning.

Do you have experience with STR? 

DM me if you want to discuss my experience as either an investor or a lender.Jeff

I’m looking to connect with local investors to exchange insights, experiences, and potential opportunities.Thank you, and I look forward to building meaningful connections! 

One thing I've learned from my experience is that I do not set hard rules.