I think your best bet would be to house hack your way to 4 properties and then take a "mini" retirement which would allow you to take 6 months off and possibly knock 10-12 countries off your list on one big trip.  

Again, Alhambra as a whole is a safe bet to invest in as long as you're familiar with it's pockets, the demographic buyer expectations and rehabbers budgets (obviously), as long as the correct price was paid before rehab you should be fine. 

I'm betting these folks are in violation of at least one of these ordinances.And then act on it.

I have a friend who acquired 150 unit MF in Dallas in 2009 and I'm willing to bet he's generating this level of income. 

If you act alone and get in some future trouble, bet on things going badly with a judge when he finds you were booted out of the industry by HUD. 

I bet the current owner bought it for tax's or maybe paid 2 to 5k for it.. that's why he will Owner finance with 50% down he gets all his money back in the down..

there is no way around it, you could try and bet a business loan so you could have more capital.

But I'm willing to bet that a ton of my Mastermind students who are closing deals will vouch that my mastermind is worth every penny!

@Charlene Isoh If you want to do student housing your best bet is in the cities of Albany or Troy.

It sounds like recording a mortgage on the house would be the best bet.