Similar to many laws and regulations, this one in particular might just take the cake on ambiguities and interpretations.

Loved Durgin park eatery in Boston and the crab cake was awesome.We might go up there again next year.

Basically, I want my cake and to eat it too...

Deal just kinda fell in my lap..Friend just wants to get out from it as is, kinda beat up but piece of cake for me, it's payoff is 107k and I thnk I can turn it into a 200k house for not much rehab.Question is, do I need a realtor to handle the transaction?

The business is booming - not just the pot smoking but also the edibles, creams, salves and the list goes on.  

Now USREIA impressed me so much, I am thinking about making the investment anyway ( since I have the money ) just to put the icing on my cake; so to speak.

Johnson, the rents will produce fantastic cash flow after we turn the inside, there is big upside in the value of the property and in CF by renovating everything and getting market rents, I can pay off the property and have double the amount of value than the negative cash flow over 15 years if we can't turn the units, and I think there is a ton of upside for this area in the form of increases in market rents and market values (the big icing on the cake).Besides, you know I don't ever want to sell anything!

Built in 2007 a lot of growth in the area very good chance equity will come into play but that is icing on the cake.  

Most investors like cash flow going in and spec is icing on the cake.

Even average amounts of appreciation in CA are accessible (and edible) at those numbers.