A LOI is more suitable for larger deals where you'd have to invest a lot of money in due diligence and attorney fees to put together a custom contract.

Does anyone have any advice on areas in San Diego that may be suitable for a multifamily investment?

The risk on their side is if you sell it and they aren't protected by a lease.If you add a clause I would define it as an extended hospital stay or need to move to a more suitable housing situation.You could also consider a no-cause fee to break the lease.

Egress windows and suitable exits are the primary considerations.

It would be benifical to me if you had time to sit and chat about an investment stratagy that would be suitable for me.

INSURANCE OPTIONS / RECOMMENDATIONS: Would you be willing to support the newbie, and suggest some decent insurance options suitable for investors, which would make more financial sense, and have reasonable deductibles + coverages, and no fees or low fees to setup?

PM me and I can get you in touch w/the leads to see if its appropriate and suitable for both you and syndicator.

Perhsps you'll find a suitable real estate company in your community to work for prior to risking family money and risking a very silent Sunday dinner.

One seller says her house is "suitable" for young families, but the feedback from the viewings is that it's not up-to-date and the buyers don't want to pay out of pocket to remodel a $1M house.

That area has tremendous potential for future development especially given what's happening to the east and south, but I do want to point you to a small phrase in Orange County's land development regulations: [i]"It is permissible to impose a more restrictive zoning district classification as an interim use until such time as the property is found through an administrative decision-making process to be suitable and ready for ultimate development."