We are looking at a historic multi family in San Diego the sellers have not filed the Mills Act paperwork What are the ramifications of filing for Mills Act on a rental property?

I'm trying to raise funds from my family and I am being asked to produce pro-forma scenarios at 2, 5, and 10 years which should include IRR and ROI.

My suggestion if your goal is to free up some equity to use for another purchase - start small with the single family home with a cash out refinance.

Investment Info:Large multi-family (5+ units) fix & flip investment in San Francisco.

They sell a 4 unit for close to 1 million dollars close to Jacksonville. they want 250k or 300k down. there's no upside. you can google the properties on biggerpockets and there isn't a lot of satisfaction. it's a slow return and get rich slow strategy. our focus is always as a builder to add maximum value, lower cost as low as possible, build and rent and build and sell the same product and raise prices to help investors out. we have a large market share and large purchasing power in our market in columbus ohio. the one strategy I never liked about turnkey new build brokerage companies like them and build2rent or others is they don't really build close to urban centers and most are single family homes. the numbers don't work on single family homes. if single family was the way to go more companies would be doing it. but by far the most common type of new construction built is three story walk up apartments.

A very good opportunity and it just makes sense to build a new home on this lot since our family continues to grow.

Personal use - if you or your family used the property for personal purposes, you will need this to factored in. 

A landlord policy can be a commercial policy or a personal lines policy.It's the same as asking if you should buy a single family rental or a 1 unit building.Focus on the coverages and disregard the name of the policy.

I love the flexibility they offer for traveling professionals, military families, or folks in between moves.My main questions:Have you noticed increased demand for midterm rentals in this area, particularly from military personnel at nearby bases or healthcare workers at local hospitals?

Investment Info:Small multi-family (2-4 units) buy & hold investment.