This will definitely cost a lot more than $5k.

They actively seek to thwart Costa-Hawkins both legally and otherwise. 

You'll find more MF Opportunities right next door to you in Oakland than the rest of Alameda County and Contra Costa County combined.

I'm exploring Vallejo, east Contra Costa, and east Alameda county.

Quote from @Jeff Costa: 1) Water/Sewer/Garbage are usually paid by the landlord.

Landlords will be forced to start the eviction process that will take months and cost a couple thousand bucks, even if successful...and pray the tenant doesn't trash the place.

@Roberto Costa 6.125% may not be all that abnormal depending on your credit scores and the costs of the loan.

Once the home is completed it rolls into a typical permanent loan at a lower rate with no additional closing cost. A

I call this additional cost a convenience fee.

I understand the purpose of all of these pieces but like most poorly run parts of our government, we now have a huge bureaucracy making every step of the building process extremely expensive.A few of our local governments lost a lawsuit a few years back for charging roughly 10% of the property cost as an impact fee, the government is the problem causing our affordable housing crisis.