I am looking to purchase a new home and sell my old home, which I have about 300k equity in.

Although I have not yet purchased my first tax deed property, I have been spending a considerable amount of time researching the tax deed sale process and the tools that can be used to streamline the process as much as possible- one of those tools being PropertyOnion.com.The website seems to provide a wealth of knowledge for pretty much any property you'd like to research, and provides data that could be useful to a variety of RE investors.

Hi, I'm exploring the purchase (less than $1million) of a cannabis dispensary in Southern California.

Note that most all lead inspectors will do dust swipes (Lead Safe tests), but not all have the equipment required to do Lead Free testing so be sure you're specific in what you ask for. 

My main criteria is purchasing below market value, with a 12% or better ROI.  

I'd like to access this equity through a Home Equity Loan (HEL) and use it to make downpayment on another investment property purchase (12 unit bldg).I bought this 4-plex in my personal name with a conventional mortgage .

That means they’ll loan the syndicate 60% to 75% of the purchase price.  

Meanwhile, my investors that bought a property from a REIT had a 60% paper loss from just purchasing the property. 

Specifically I like to track occupancy and NOI and income per door especially if it's a value add project. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).