From what I can tell, there are some big groups raising large funds, and the play for most of us will be to put together a good project and pitch it to these funds for investment, hopefully earning development fees or carried interest along the way.We're almost halfway through the two-year window of this thing, and guidelines still haven't been released, so start getting your deals ready now. 

I avoid these small wholesale deals (especially after the one I mentioned above) because the taxes could make it not worth the while.Apologies if this is a newbie question, Im used to making more profit and expecting up to 1 year of property taxes max, getting a discount at the beginning, then playing catchup at the end, ultimately paying p. taxes for the time I hold and carry the property.

Do not expect the home in this price range and rent carry positive cash flow anywhere in the US.

@Jason DiClementeIt is done professionaly based on home inspection carried out by previous potential buyers that fell thru due to buyers income situation. i dont plan to.apply permit in short span, long term i will have to spend more money if necessary to right things, that is the risk i thinks is woth taking for the deal.Thanks for your suggestion.

I currently live in the area and feel perfectly comfortable living here.Logan Heights carries a bad name because of how it use to be, but it has come a long way.

You can work with the seller to carry a note for your which you can pay back over a period of time.

then go find an owner carry situation with that large down payment and let rentors start paying you.

Carry long-term, fixed rate and term debt.Don't enter hasty partnerships just because you're both half broke. 

Fannie/Freddie loans will carry a fixed rate, they will have a lower rate, and they will help you qualify for other loans later.Now, if a bank is telling you they can't refinance because of "seasoning", is that because you purchased it with cash?

The neighborhood property price has gone up in recent years for about 30% and I am thinking about selling it on the market to investors (8.87% cap) but first I like to present it to the tenant/operator and offer owner financing and carry a note.