Is anyone seeing an increase of repurposing commercial to residential properties in the greater Sacramento area?

Some things they were saying led me to believe there might be more upside and I think it was a classic case of under promise, over deliver, which is not a bad thing.

The classic "rules" like "invest in your own area" or the "1% rule" or "70% rule" are really just catchy pieces of advice but not universal nor appropriate depending on your goals.

Keep in mind that these are likely not what we would classically define as "motivated sellers."

It is NOT renters insurance, it is a unique policy that tenants pay for, but when they move out if there is something that a classical security deposit would normally pay for, it gets covered for the landlord.Rhino appears to be operating in the U.S., and Zero Deposit is in Europe. 

This looks like a valley circle woodland hills classic property

I can even apply a permit from the county to remove the structure altogether.Obviously I like the building for its historic appeal and I am very mindful in terms of repurposing it.

that's my two cents.Watch the Movie Glenn Garry Glen Ross to learn how salesmen learned their craft or Tin men ... either one is classics Or go to a time share presentation or simply walk on a car lot...

Most I think will use a combination of them but will weigh one as their biggest criteria.ROI = Gain on the investment / Cost of the investment- Classically this would be the gain upon sale.

I consider effective savings / value-add better than making money, because it's tax free.Some people go really far, and there is a point where wasting the time for the savings is not worth it (classic example, driving across town to save $0.10 on gas).