Total cost/sqft landed me around 30$/sqft or $36,120.

CA, in total continues to lose 100k's of population and continues to add onerous legislation, including the state rent cap they passed a few years ago (doesn't apply to sfr's though).I am not sure why anyone would want to jump in the deep shark infested waters right before feeding time, unless you have a clear proven strategy, or a very long time horizon.

Quote from @Hanna Brown: @Jay Hinrichs  You mentioned Oregon and WA made foreclosure rescue lease backs totally illegal.

It was a pain trying to refinance but totally worth it. 

Currently being leased, but expect my total cash on cash return to be above the number I target.

They mentioned having two mortgages on the property worth about $400,000 in total.

(The app now has a toggle button that allows users to see the total cost before taxes.I think the hotel and vacation experiences are just two different things.

Total rent s/b minimum $2,250 but with housing vouches, $2,550

That pushes cash on cash from down payment about 5.5 to 6% starting out and with mortgage paydown about 10% total return annually before rental increases.

In total it cost me about $500.Unfortunately, I was not able to reconcile the needs of my niche market with what the Capital Syndicate had to offer.