My friend had a client who nearly missed a crucial clause that let the syndicator raise additional capital from new investors, which would have watered down existing shares in a pinch.But it all comes down to how hands-on or hands-off you want to be.

I'm an beside ER nurse netting over $160k/year raising a family of 4.

Hello @Richard Bautista,Several aspects of what you described raise concerns.

For instance we are raising rents now because we put in a laundry facility.Morale of the story is to close on a deal quickly, then be the go to guy for off-market deals by doing what you say you'll do.

🤔 I was raised sharing is caring. 😊  True. 

Here is my case for over valued in general:- over a decade in f unprecedented price increases- rates have doubled significantly raising the cost of a high LTV purchases, but in most markets there have been no corresponding price decrease

I plan on doing the following:- Full gut demo - done- Extend third floor to rear of building envelope and raise ceilings.

Quote from @Aaron Fuller: Walk away.Rents could "likely" be raised to $8,000?

Requesting to screen tenants again might raise concerns.

Does NOT mean you will NOT cashflow right away but most of the time in San Diego you are buying to ADD value, raise rents and finding other opportunities to raise your cashflow like; add AC, laundry, storage, etc.