It's been under contract a couple times and offers withdrawn.  

There are over 20 active CPAs here in these forum assisting RE investors with their tax planning and strategies across multiple States.

It’s a great way to rub shoulders with other real investors in your area that can offer lots of advice and guidance. 

NYC's Human Resource Administration (Public Assistance)  has a program called S.O.T.A (Special One Time Assistance) specifically for employed people whom live in NYC shelter system.

Based on my calculations and preliminary research, I have found that the Bay Area offers good returns from developing land, although acquiring level land and obtaining permits can be challenging.I have a few questions:1) Is it recommended to purchase a complete house plan from online sources like ePlans or similar websites and then customize the architectural design before submitting it to the municipality?

Then I started working with a realtor to view properties and made offers.

Feel free to reach out if you need assistance. 

This might be a workable scenario for me.Lack of experience would not kill this deal for us but it would depend on a few things.Usually the biggest challenge for newer investors is in the amount of equity you have available to infuse into the project.You need to have a cash down payment to secure financing.With 25% Down you would be in a multiple financing offer situation where we're just fighting to get best deal possible and batting off Wholesale Account Execs left and right.

Because of my brutal impatience we just had an offer accepted for a 5 unit building with 2 store fronts and 3 apartments that all need to be gutted and renovated.

In Southern California, multi-family properties offer potential for appreciation along with some cash flow, given the steady population and desirable market, but higher property costs, taxes, and insurance can eat into your profits, and finding a suitable unit in your budget might be competitive.