I have considered doing a TIC/coop in San Dego but have the belief, without any data except for how I would value the financing challenges and tic risks, as being much greater than 10% price difference from condo price.  

Hi Kris,It sounds like you’ve got a great property under contract with a solid entry price, and the only challenge is the interest rate of 7.125%.

Quote from @Mackaylee Beach: Navigating the eviction process can certainly be challenging.

If all goes well, I'm building the courage to surrender to the challenge. 

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

If you are organized enough to forsee hang ups and talk with your GC about potential challenges on a regular basis, two brains are better than one.

- Do you think it’s worth challenging the appraisal with Kiavi, or should I just cut my losses and move on?

Many buyers in this market are experiencing challenges. 

You can use that scenario as a learning experience when you may or may not encounter future challenges. 

Tahoe isn't ideal right now as the local community is vehemently anti-Airbnb and the permitting system is challenging to navigate.