It does raise that cost as it's based on sales price regardless of credits. 

Same cost as a decent SFH, but cash flow much more per door per month?

Also check to see if there are outlets in the bathrooms - some old houses don't have them and that is a pain for tenants.Don't worry about the pink and blue tiles, it doesn't cost a ton to get the tile glazed White if the colors are really offensive.

Just make sure they aren't going to cost a ton to fix up down the road. 

For example, I moved down to the Malaga/Costa del Sol area last August, and I'll tell you, I honestly have not met a single person that won't tell you they're involved in selling/renting real estate somehow.

Hi  @Marian Smith  and @Rica Greenwood ,You asked a great question about the remodeling.  

4) if they do not choose to purchase them, will they in turn be upset knowing that my carrying cost (as they see it) is only $350 leaving me with huge profits?

You'll probably have to look further out in eastern Contra Costa,  You might also try the tri valley area. 

It will cost a bit if you aren't in the area to do it yourself.

It's essentially the same thing as a HELOC, but uses the assets in your brokerage account as collateral instead of a home.Some points to note:These types of loans are only available in managed brokerage accounts, so if your stocks/bonds/ETFs are in an eTrade account (or whatever), you'd need to move them first.These accounts typically require something like a $100k to $125k minimum asset value to approve a loan, so if you've got less than that it wont work.Most managed accounts cost a 1% annual management fee, so think of that as an extra 1% on top of the interest rate.These accounts typically let you borrow up to 75% of your equity, but due to market fluctuations, you should consider imposing your own, smaller limit.Interest rates are comparable to a HELOC, plus that extra 1% management fee, and like a HELOC, it's a revolving line of credit vs a fixed, monthly payment.