Now the parks are cash cowing the way I expected..

There are plenty of other resources here that you can digest and learn from.

I am only allowed to fill in the blanks. strong lawyer lobby there in IL... holy cow... but hey you just have to work with what your state laws are out there.. so it sounds like the original question the person needs to have a lawyer 

If I were in your shoes I’d be tempted to milk that cow until there is some ebb/flow in the macro environment.

It is pretty dry content no matter how you learn it, but real estate express split it up into units that were easy to digest.

This honestly seems like it could be a cash cow if the numbers work out and you do it right.

http://arcapital.com/sba-504-loans/note only linking this because it was easy to digest and relevant to your state...

The property is now a good cash cow. 

Buy in either: - Established, affluent areas: Pacific Heights, Presidio, Cow Hollow, Sea Cliff OR- Tier 2 areas that might become more affluent: Mission Bay, Potrero, Dogpatch, MAYBE "Outer Sunset" (although yes - it's probably in a lower tier than the others) 2) Are we likely to make money if we invest in a cosmetic renovation of an older place or is the cost of labor and materials in SF likely to diminish our potential profits to a negligible amount. 

HiI have a rental I've owned for about 10 years. it's a triplex I have been a bad boy....I took the milk and did not care much for the cow.