I don't need a downpayment because I have yet to utilize my VA home loan, I want another townhouse or SFH in the San Fernando Valley because of where my job is currently located, just makes everything way more convenient for myself.

When offering a seller options you are selling speed vs convenience, do they want to move on fast?

Fred & Sherry - It is convenient that you both joined the site on the same day, you're both posting from the same IP, and the question/answer worked out to be the perfect ad for your company, Fred.

4 doors if managed right can make you, $350,000 over 2-4 years. 2 doors  maybe  $200,000 in 2-3 years.Little gamble. 

I told him I'd gamble that there's no one who even knows that restriction exists to enforce even if an heir lived in the area...the way to legally eliminate them is either get the beneficiary to record a new document (possibly a QC deed) to eliminate their restrictions, or pursue a Quiet Title if you think the person is no longer around or their heirs are not identifiable. 

Affidavits of Heirship are convenient in the states that allow them because they are much cheaper and faster to do.    

The property also includes 6 off-street parking spaces, adding convenience for residents and visitors alike.BackgroundRedwood Capital Advisors was able to identify and purchase the building off-market from a ‘mom-and-pop’ seller for $1.34M.

So many folks will scream that buying negative cash flowing RE is "gambling".

It was definitely a gamble, because I was assembling furniture up until the night before their check-in :o I only had an opportunity to advertise on FF, because it was the first place we posted and it got enough inquiries right away.

It's more gambling than anything else.