@Abhishek Pareek As long as you do a 3rd party inspection and really look at structural, safety and mechanical issues.

I think I am going to just pay off the 57k I owe on my first investment to give me a little safety net and lower my payment. 

FHA inspections include additional safety items such as peeling paint and stairway handrails, etc.

I should have been more patient and really weighed my options before accepting the appraisal.

Being patient in the crazy market.

For now, while I am living in the property and waiting on necessary paperwork(I have question on this) to be done, I will be trying out airbnb and short term renting to students or other professionals (i.e. nurse, patient visitors of nearby hospitals etc) myself.While I want to maximize my profit out of the student rental opportunity, I do not want to be in trouble when it comes to tax, license, IRS and govt.

I'm a very patient, kind person, despite the vibe I give off.

The following is a brief summary of the law from a property management website - https://gpmsf.com/how-to-handle-roommate-changes/"Occupancy Numbers in San FranciscoIn 2015, the Board of Supervisors passed the Jane Kim legislation, which basically says landlords have to allow as many occupants in an apartment that health and safety standards will support.

At first I was annoyed with this, but it's a good safety net for the seller.

Site safety?