I am now out 50k and have a few hundred grand sitting in escrow.7. not willing to just walk from 50k if there was not this 50k I would have just moved on.8.

or on a grand scheme, it's all come out to be the same?

I know, when we acquire a new property, we need to dump 30-60 grand into the whole building to bring it up to our standards. 

Well last time it traded it sold for 3 mil or so.. 684 Encina Grande if you want to check it out.. now to be fair they added on to the back and added one bath so it was now a 3 and 2 :)  I paid 180k for it in mid 80s   huge sum then.. or at least I thought.. 

For example, there are a grand total of a whopping 34 multi family properties currently on market for under $500k. 

I'm under contract on grand fathered 3 family that is currently being used as a 2 family. 

I invest here in GR and am happy to connect you with our financial advisor who is helping us structure our businesses for our properties. 

Not a huge difference in the grand scheme of things.  

i keep seeing:1. buy out of state rental in a solid neighborhood with long-term potential (just as you are recommending) but then...2. have one rough tenant turn that costs a couple grand, and3. give up on real estate investing, and turn on everyone involved in the transaction for not guaranteeing that sweet cash flow in month 1 lol, yea there is a decent chunk of investors who get really butthurt by that one bad unit turn and just give up.

@Jay Garrison grand is still the solid boarder, even if your west of Homan as long as north of grand there’s solid tenants/homeowners.