I wanted multifamily originally but found the lack of inventory and high prices a big obstacle.

I definitely wouldn't go high end, but I would pay a bit more for solid cabinets.

SBA lenders are confident the deal is lendable, but SBA rates at prime plus 2.5% are high, and I don't want to risk default.

Because all these new construction homes were either started or finished during high inflationary times in regards to both materials and general real estate.

Total checkable deposits for the bottom 50 remains high.

There are several skip tracing companies out there, find one without high volume minimums, flexible pricing options and excellent customer service.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Definitely a focus area from lenders, conventional or otherwise - theres been a reported uptick in occupancy fraud or funny business lately as rates and values have continued to be so high and qualifying so tough - people are more likely to bend the rules on stuff like this - so this is generally the lender response

A lot of people are moving out of California because of the pandemic, lack of economic support, and high taxes/cost of living. 

tougher than advertised. there is lots of competition for deals; good contractors are booked up; materials are expensive; and interest rates are high.