You want to guard against a scenario where you find a deal but your friends say no because they're in charge of the money.

The rear exterior balcony will either be replaced with a new balcony complete with guards compliant with SB-7 or removed entirelyExit strategy: sell first for 5-10% below market value in order get the capital to move into the next property.  2nd exit is to brrrr it, however rental market there is not as ideal.My questions:What price would you offer?  

Since HELOCs have adjustable rates they will often catch people off guard when they adjust.

@Stephen Homes Tenants believe LL's are blinded by money and they are convinced, sometimes rightly, that we will put down our guard when offered money in advance.

Each time I ask for detail on how the number was acquired as it is not a number listed on any public records, and each person (or 12 now) refuses to share - deeply guarded secret .

I’ve applied to the national guard and taken the asvab test, but haven’t committed.

Well of course numbers change in 10 years, but even using those numbers from the CA Energy Commission (kinda like the fox guarding the henhouse), we can do the math and see that coal imports are 9% (usage is now 3%, but it's the amount sourced that impacts the environment) NG is 37.9%, Nuclear is 9.3%, other and unspecified are 7%.

They signed the contract no problem.Maybe this is how the sausage gets made, but as a first time investment buyers my wife and I were caught off guard, and decided the deal wasn't for us. 

Then again our Veterinarian renter has 3 dogs & she is excellent, our Coast Guard guys over 16 years have been just as careful.

It is a wealth of information, but I am not so sure a lot of the old guard is up to date with current market trends and ideas.