Local coffee shops, restaurants, schools, etc.

Closing cost $9,989 While the $10,000 in closing costs appears to be high for a $68k loan, realize close to $3500 of it is taxes and prepaids.Of the $6,000 that are true closing costs, $2000 you can shop for  (which I do not think you will do better).

San Diego has historically out performed virtually all other markets.

Shop several brokers. 

I have had some success going through someone named Kim Butler in my local OKC market, and she is usually able to shop multiple insurance companies when I run into a more unique scenario such as multi-unit properties.

Curious how that’s been performing?

It will come, but you will likely have to drive for shopping, eating, activities.   

Additionally, they may include a carried interest or promote structure on the back end, which serves as an incentive or commission if they exceed performance expectations.Limited partners (LPs), on the other hand, simply invest capital and remain on the sidelines.

They could still be shopping around thinking they can just change their mind if they find something better while leaving you completely in the dark.  

In this case, we got to keep a great resident, give her zero rent increase, and also improve the financial performance of the property.