Quote from @Michael Baum: I am not sure I agree 100% with this @Erica Dike.There are a lot of overlap in all those demographics and if I can create a space for multiple demos, then that is what I will do.Our place fits will for most of these with the exception of luxury folks.

It is balance sheet heavy but for some reason, most investors in BP are just focused on P&L and they stick with these free accounting platform that doesn't even utilize the Balance Sheet.A lot of the time when I clean up client's books, it's mainly in the balance sheet that needs to be fixed up.

Bought undervalued (market value of 265k); refinanced about 1 year later to contribute to next property purchase.

I've invested in two of the properties going into the fund and two others.

I looked through some of your other posts and notice you spend a lot of time criticizing businesses. 

Verifying last 2 years of rental history very important!

He is older and does not have a mortgage and there is a lot of deferred maintenance on the property.

Everyone’s fighting over the same urban scraps—overpriced lots, brutal zoning battles, and competition that’s through the roof.

Outside of West Oakland, what areas would you say are likely to go up in value over time - what pockets/neighborhoods are you looking at?

I am learning a lot about real estate and want to purchase a rental property in my area.