@Mike H. has been working with a good one.However, private market flood will only work if the lenders are on board.

He was on board and said he went to the bank with our offer 2 weeks ago.

I also have offers of 90% and 100% of purchase on the table for financing.I have a management company on board that has a proven track record to handle this class of properties in this particular market.It seems like buying low enough removes most of the risk, but it would be great to hear advice from anyone who has actually owned or managed large SFR portfolios like this before (since it's my first).Thanks in advance!

I think the best way to scale quickly is to get investors on board.

(took him a long time to get me on board)  The books suggesting giving bad tenants money to go away.  

The issue is fear.The key here is to get the wife on board and comfortable.

Jump on board wherever you feel comfortable and get started!

Rates are on the rise, and my personal opinion is they will not be going down in the near future so a refi may not yield you a lower rate in the future but the drop of MI plus less $ financed may bring the payment down and increase the cash flow, time (and your business plan) will tell.With 0 other considerations, if the seller is on board it sounds like you will be able to live in the East Bay for approx $1,600 a month and that in itself is a pretty great deal.

Welcome onboard.

I offered the tenants a free month of rent for their inconvenience so they were definitely onboard.