Jonathan makes perfect sense. 

It's not for me and I'll have a decent amount of cash to work around from allow me not to do that but for most people it makes complete sense.

That 95% makes sense as an appreciation return, but for true CoC, you’d need rent income factored in.

Not a single one of the properties I was under contract for made any sense once the massive price increases were put in play.

The insight about ARV being influenced by nearby single-family properties is gold—makes total sense now.Right now, I’m just exploring Sacramento and trying to learn as much as I can.

What other steps would you take to see if it makes sense to relax the rental criteria?

It may be hard to hear/read, but let's separate the emotion from the facts.This makes sense on why you're so offended.

I haven't found anything lately that makes sense to hold for cash flow but I will keep trying. 

The only situation that I think it would make sense for you to start investing right now would be if you are not investing the full $200,000 and are looking to take some money off the board and put it into a safer investment.

And it makes sense that you don't need so many baths, but I liked the thought of building it out like that because I think long-term, there is still value in it if someone wants to buy it and do full coliving or sober living would be ideal.I definitely don't regret having done it that way, but for someone starting out when money is tighter, it's not necessary.