The same problems and policies that contribute to the things that make the headlines in SFO also may contribute to huge barriers to entry for new construction, inflating rents and asset values long term.

I'm not sure where that leaves the HOA in regards to needing each unit's contribution to fix the property?  

Everyone has contributed some very good insight on this thread!

He used to be a regular contributer on the BP forums.

My thought would be househack with minimum cash contribution, force some equity, then do a rate/term refinance roll in costs and get refunded your escrow balance and another $2k at closing. 

.: I enjoy talking real estate, networking and it's only fair I contribute Loved* I enjoy talking real estate, networking and it's only fair I contribute...     

Absent one, sell and split the proceeds based on their cash contribution to the purchase. 

He did it through (1) professional website (2) constantly optimized for SEO (3) new social media articles at timely intervals (4) sponsorship of charitable events (5) ongoing public relations campaign (6) billboards (7) advertising in local newspapers (8) SEM .  

A bit about me:I live in Portland, OR (which is quite expensive)I’m a first-time homebuyerI’m interested in the "small and mighty" approach to real estate investingI’m actively contributing to my 401(k), maxing out my Roth IRA, and have $30K in savings.

The $260mil is simply just the value of properties that are currently in select counties I want to focus on to start so I put that number as more of an example of what I would ideally like them to contribute funds or fund fully up to but things can go at a pace as investor that wants to team up wants to go.