So with $50k cash and a price point around $600k (I am using my market numbers as an example) you have two options:A - Use the first $30k to do a 5% down owner occupied loan on the first property and live there for a year. 

Im not sure what insurance rates are in California...but your rate seems high compared to what I am use to back east.

I do want to mention that I am using a 2nd home mortgage product which is a bit better than an investment property.

Overall we were amused.  

Whenever I'm curious about my FICO score I'll check there; I'm always amused because one area consistently lists me a "poor" although my score is always in the 800 range. 

Here is the overview:12 unit property (3 singles, 6 two bedrooms, 3 three bedrooms)Being sold from investor (red flag for me)I am using rentometer.com to estimate rent prior to first meeting. 

Especially after NBA2K19 gave such a raving review about Fort Wayne....lmao.https://www.wishtv.com/news/indiana-news/some-not-amused-at-portrayal-of-ft-wayne-in-nba-2k19-/1436750542

I am using Hubzu for the first time.  

The nice thing about commercial loans, or at least the loans I can get from the small Credit Union I am using, is that they are willing to loan up to 80% of the tax assessors value without an appraisal.  

I am using virtual assistants to call FSBOs on craigslist to get leads for me.