I help and show people how to use some of their savings to create streams of income by investing in multi-family apartment complexes.

We'd like to add a parking space to a 4-unit complex in San Diego.  

i remember when i got my first home i was only 1 yr after grad so they accepted a copy of my degree diploma instead of the 2nd year of continuous employment .it was weird having to scan and fax that huge thing to the lender!

Not a large complex but 4-units max.

A good realtor should able to guide you on what level of rehab if any is best for your complex and market.

Background: I have a two building complex in a C neighborhood.

Unlike the usual way of doing this, which can be quite complex, I use a streamlined banking-style approach where you raise capital by offering savings accounts to your investors.

I've beenn moving over to Commercial properties and financing because, believe it or not, in many ways it's easier to get a loan to buy or build a $5 or $10MM apartment complex or commercial building than it is to play some of the games with residential rehab, schedule and chase contractors, etc.

Here in Denver, I see transactions of major apartment complexes where units that will rent for $1000 sell for $100,000.

It works, but it can also get very complex to keep all your ducks in line and I've seen many of the best entrepreneurs lose control due to their own success.