Again further driving you to work for the building since so much will be riding on the deal.Because the income will in many cases be pretty bad (rent controlled + entrenched tenants ) for the buildings you'll need to be @ 30 - 35% downSince that is A LEAST 350k (remember 200k * 5 / 30% + reserves )Let's pretend then you need 100k to do buyouts and or deal with deferred maintenance.Now you're in for at least 450k 450k - 600k will get you a nice building with a 8+ cap with low  - moderate appreciation in  California's Interior or Red States Just things to think about when considering buying in the Bay Area

MODERATOR:  THIS IS NOT AN OFFER TO SELL A PROPERTY. 

A fair and moderate approach to all things landlording will serve you well. 

The robot moderator deleted the post because they thought it was marketing- they never read the context of the post but just delete because that's what they can do. 

Hi Jon - MODERATOR - I understand if you delete this post.

The forum says "your post will show up after it has been reviewed by a moderator". 

There are moderate to big banks that are investor friendly.......

Additionally, I much prefer to either entirely defer taxes or be taxed as capital gains, rather than ordinary income as flippers are taxed.That said, I look for mid-teens returns, low risk, and low-to-moderate time requirement in my own portfolio.Here's an example: I have a friend who is a hard money lender, and she brings in passive investors to provide most of the capital.

Alright so I have an elderly tenant who has bed bugs, is a moderate hoarder and who's rent is at least $150 under market.

From Tampa Bay north and then inland, there are huge influxes of residents who want to live in a moderate climate and be close enough to go to the coast if they want or Orlando but not necessarily live there.