Ironically, some people on that forum called me a liar.  

I have a lot of irons in the fire and several fires I'm putting out, so bear with me getting the course out.

It's kind of ironic because the cities with the strongest rent control laws ; L.A,SF, NYC are all the most unaffordable cities in America. 

I'll bike on over as soon as I finish combing my ironic hipster mustache.Whoever is in charge of this development is VERY smart, and knows they will attract millennials by the truckload migrating from the Bay Area seeking out more affordable pastures.

If there is galvanized piping and cast iron waste, then you will be at the end of the life cycle, which can be majorly expensive.

It is ironic, I received a call the other day from someone that use to work for me with my previous company I owned.

Its a lot better to iron out as many income questions up front before you have a deal in place rather than trying to solve problems the week of closing.  

This construction guy might have put lipstick on it.The repairs mentioned are the easy ones.Is knob and tube lurking behind the walls,galvanized pipes,cast iron sewer,mold,asbestos,lead paint,etc.??

We haven't ironed out all the details yet, but the arrangement may look something like this: - Friend pays off remaining mortgage balance of $62k - Friend deeds me the property for free - Friend funds the rehab - he expects $15k - $3k for each bathroom remodel and 7k for kitchen and 2k for misc- ARV = 130k - potentially more.

Ironically, the Coronavirus pandemic is the first recession on record where personal income has actually risen, thanks to government stimulus checks and boosted unemployment insurance payments that are now, unfortunately, long lost memories.