So, I expanded markets anywhere that I could self manage from San Diego, and after a few weeks of briefly studying all the markets within a 6 hour drive, I landed my focus on Bakersfield and finding deals in traditional multi family units that needed work and were severely below market rents. 10+ offers later on everything from FHA, conventional 4 unit, the seller financing route, 5+ unit commercial lending, I finally got an offer accepted as the 2nd offer weeks after it had expired.

Add bonds and you are at 5%, really good, zero effort, dividends, liquid, etc.A tax bracket may be 24%, but that is not an effective tax bracket.

In California 'ya know PG&E downed power lines caused fires.So there's those three things to ding the value. 

You should sell the property, take the equity, now converted from dead cash to liquid cash, and buy a new property. 

A lot is discussed about leverage, but we need to pay extra attention to the higher risk loans that are adjustable, callable, expire or have other exceptions. 

I’ve created E Major Property Investors and I’d love to connect with like-minded people, local investors, agents, brokers and lenders as well.

Does any know of a nationwide HML that will accept crypto statements  (such as BlockFi or Celsius) to show liquid reserves?

@Sam DrizinYou have to stick with the current lease unless it is expired or something on the lease is done to make it void.

@Bob E. 

Well here is the deal: 6 condos in a complexAvg rent roll $700 / market is $800-900HOA is $180 a month per unit3-4K in Reno as tenants turnover is neededSeller will take 290k for all 6I do not have the liquidity for 20% down and do the renovations.