Sooo covered myself there.

The CAP on that was fair and enough for me to cover my expenses, debt payment and put some cash in my pocket every month. 

I'm looking to cover my mortgage plus about $1000/month cushion.

Literally covering everything so our entire mental process is just review and decision.

Determine the rent you need to cover your expenses and then add the desired cashflow. 2.

After we move in 4-5 years, I would rent out both units.Pros:Potential for long-term appreciation in San Diego.Cons:The property will not cash flow enough to cover the mortgage while we are living there.After we move, it would provide very low returns and minimal cash flow.Would require a significant portion of my liquidity, making it harder to invest elsewhere and grow my rental portfolio.2.

This would cover the $675K needed to pay off the existing HELOC and mortgage, leaving you with about $200K after payoffs and closing costs.However, it's important to consider the cash flow impact.

But I am also having a lot of booked guests concerned about their upcoming stays because of the two storms currently brewing.I've thought of self-insuring but I've been able to find policies with good coverage that also cover the loss of income.  

Partner 2, providing repair and renovation skills, can be compensated either through being paid for their work or through a similar equity split, around 20-30%, while still reflecting the value of their expertise and labor.Partner 3, who brings the capital, usually covers down payments and renovation costs, which justifies them receiving a larger share of the profits, often in the range of 40-50%.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.