I’m helping a client buy an MPDU resale condo in Clarksburg for $171,046 - in a community that average prices for same house is anywhere from high $300’s to low $400’s. 

I was a financial advisor for about 3 yrs and made the switch to the real estate industry.

Advantages for me: slightly less paperwork, fast approvals, leeway if your credit score is borderline for a specific rate, relationships, flexibility to lend on properties that need significant repairs.Main con is slightly higher than average interest rates and shorter terms, for me at least.  5-6% and 20 year amortization is generally what I'm paying.Hope that helps,- Tom

Here are some numbers: ARV: 140kDuplex (first floor one bedroom second floor 2 bedroom)Mortgage owed: 44kLien: 20k (from a car) Averages rent in area: 700-850Repairs: estimated 15-20kAlso, Is it possible for the owner to negotiate for the lien to get reduced? 

Anyone out there in Oakland knows what is the average time frame in condo conversion in Oakland california for a 2 unit flat that is vacant?  

However, all they could say was that they weren't cut out for it, that somehow I'm different than the average person.Maybe I am.

Our average rent is $900 - $1,300.

Hi All,If your main goal is to invest in rental properties and retire from the corporate world in the next 5-10 years would you choose a job that pays more, is more stressful, longer hours and more one dimensional or a job that pays 20k less but is less stressful, easier commute and more transferrable to other industries?

The average stay for a tenant in my area is 2 years and 6 months.

He was very knowledgeable, has been in the industry since the 70s, and also has contacts who can help with design plans which you'll likely need for the rehab.