I see from your profile that you are an engineer, so I know that you understand the math well enough to know that it's very possible to flip a coin on heads three or four times in a row (or more), but also, that's just luck.

I unfortunately dont have the benefit of being a full time rei as i now have a full time job as an engineer.

A general business degree, or at the top end a technical degree like industrial engineering.

From what I'm hearing, real cash flow takes a lot of units. 3-4 unit buildings are never going to be a big cash flow engine, especially relative the their capital needs and management overhead, at least until you can get significant rent increases from startup (which can take years.).

We used liquid cash, Heloc, and raised ...private capital to get the engine rolling.

My name is Will Stanton, I currently am pursuing a computer engineering degree here in Santa Barbara.

If it is and it's valid and can be used by a buyer I'd say it goes with the lot, use it in negotiations, but you're probably not going to sell it so to speak you just let the original go with the lot.....and the engineer may need to agree I would think.

My name is Matt and I am a mechanical engineer by trade who is new to the real estate investing world.

Engineering was better.Economic life will be greater with an 80s, since we aren't talking deferred maintenance.

I am currently in college pursuing a career as a mechanical engineer, thinking of going into oil (but not set on that part just yet!)