While prison space may be extremely limited, doesn't a day go by that my housemate who is a poster (posts bail after bonds are secured) isn't totally swamped by the plethora of clients waiting in line to bailed outta jail 24/7 just in Signal Hill & Long Beach cities alone.I do doubt that most of those in jail are there because they violated CSLBAs for $500 to paint a house of course it's reasonable but CSLB would have you hire a LICENSED  CONTRACTOR and pay EXPONENTIALLY more.

Wholesale deal, it was extremely fast paced and had to move quickly on securing the HML and acquiring the funds needed to close.

Some of that information is at With $50,000 you can buy 3 Properties in 2024 – These are the Best Marketshttps://www.biggerpockets.com/forums/311/topics/1166342-with...You can have multiple locations fairly quickly, we explain how, and then you can market to traveling nurses & professionals in a very profitable manner. 

The security deposit belongs to the tenant not to myself (owner) or the PM.Has anyone ever heard of anything like this before?

If you like the location long term appreciation-wise, and think you may be able to raise rents and create cash flow in the near future, and aren't concerned with cash on cash return/ the opportunity cost of having money tied up in these properties as opposed to putting it to work elsewhere... maybe your main goal is just a safe place to park your money... then you might consider keeping them or even putting more money into them so that they cash flow (refinance with more down).

I am not aware of any efficient way to filter through properties other than looking at all of the properties in your desired location, and checking to see if it has a basement apartment.

You get to live in your ideal location with 5 star amenities! 

Now this property doesn't have enough equity left to pull out more money through a cash out refinance to purchase another multifamily so I'm going to have to sell to access all of the equity left to purchase a 2-4 unit.Again, I'm not a fan of selling unless that is the only possible way to access enough equity for the next purchase and the next purchase should be bigger/better otherwise no point in selling for the sake of doing so to buy another similar property/location.

Consider elements together with way of life choices, location and marketplace analysis, property condition and protection desires, property control, and legal and regulatory concerns.

In contrast, sites like Zillow verify the owner's status before listing a rental, ensuring a more secure experience.