It is hard to leave and area with great profit margins, but quality of life in a warm climate is more important to me and I don't like owning small properties from a distance personally (because I never had to).I am looking for large multi-family moving forward.

I would go to every single real estate/networking meeting I could afford to get to. I

What i'm trying to get to is do you guys think this is a good idea or not.

The project was presented to. I

It will go from looking like an old 'WOBBLY BOX' trailer to a quaint beach cottage and will mix in well with the 92024 zip code which BTW is one of the highest valued per capita zips in San Diego County.Sure it will cost me 175k plus 1k/mth to purchase, rebuild and sub lease this home but the good news is I can get about 2500/mth on it while it continues to appreciate due to is very desirable location of less than 300 feet from Beacons Beach; one of the best surf breaks on the planet.Like I said everything is relative.

While I hope she remains healthy and independent for a long time, life doesn't always work out the way you want it to.  I

Totally kills the deals around here, plus I don't want to take the risk that I can't refi later.If HML is cost prohibitive then you can consider some creative approaches like Seller Financing or Subject To.  I

I've called my bank and they have no product to help me (and had no knowledge of what an SDIRA LLC is)...and maybe there is no option but thought I would check with others.When establishing a checkbook IRA what do people do for the actual checking account...meaning,If I have 200k that I want access to I understand the steps required to establish this SDIRA but I hate to leave 200k in a checking account and earning nothing or very nearly nothing in investment interest...I will have the 200k sit there until I find the right investment, maybe the investment doesn't use the entire 200k, and/or then there is the money coming back in from rents I don't really want that to sit either.I do realize that I can buy other investments via this account but what is the best way to do so while still remaining liquid so I can pull the trigger on the right opportunity?

I am not finding what you refer to.  I

So interesting you brought this up to I was just speaking with a gentleman today regarding SB 69 that was just passed to allow more guest homes in California.