Hadley Benoit I'm buying SRO in Orange County.

I purchased a pair of duplexes in January, and one of the tenants moved out yesterday, with her lease ending today.

pair them with a zillow api and you're good to go.

Hello, I have been offered a deal on a 2 bed/2 bath condo less than a mile from a university (desireable location). The owner is selling it for $50,000. The HOA fee of $175.00 includes the home ownner's insurance and ...

Numbers are as follows:Purchase: 30,000Rent: $750HOA: $193Mortgage: $236Estimated cash flow: $129/monthTax and insurance estimated at $900/ year based on information from the owner and a similar property I own in the same county.My mortgage is 30% down, 6.25% for 10 years.The owner is 65 and pairing down.  

Till doing another deal is like putting on a pair of pants

For purchase mortgages, you can see loan amount and price, which tells you down payment - if you pair this with gov't v conventional, you can sometimes guess about the rest of the person's financial picture.

A letter from you highlighting the positive features of the new home you find attractive (bigger yard for my dog, another bathroom for my teenager, etc), paired with evidence that you did in fact historically owner occupy for a year (old utility bills, old mortgage statements, old paystubs, etc, addressed to your then-current residence work), would make it pretty rock solid, but this is still ultimately an underwriter judgement call.Because preapprovals are not property specific, they can never incorporate this, so it's on you to set yourself up for success on this front.

They are a great pair for the podcast. 

Prop 13 paired with fixed rate financing generally means that eventually all real estate in California will be cashflow positive (unless the town gets Detroit'd), so you live there and improve/enjoy the property until that happens, at which point you "nomad" your way into the next home, building up a happy little empire that you can pass onto your children (along with your Prop 13 tax basis) along the way.