Welome Dave, okay, you're a music guy, there are 8 dancing ladies on the stage lined up, the first one is facing you, the second has her back to you, next is facing you, next is facing away, next is facing you and the last 3 are facing away from you.

His comment to me was that he could just hold and with the $9k monthly income the property would pay for itself in X amount of years which I found very amusing.

On the rest of your post, it is amusing how horror stories make up most of the stories that investors tell and all of us have them.

Yeah the value is there, luckily i am using a friends, he jumped on it so fast lol. 

What if I am using it to connect to a water heater's T&P valve escape line which down here in some areas still requires hard pipes. 

I want my pro forma to be conservative but I am using zero percent because I expect minimal short term appreciation in San Diego.  

I’ve also never played a musical instrument and mild arthritis in my hands.

I am using the percentage change in population. 

I know it being considered a capital gain, it changes things as to what I am use to doing.

The PM I am using is a real estate agent and a investor in multifamily.