And at the end of all of that, there is a good chance that they could reject the custom windows and the cedar siding and force me to remove and reside it all.

To think, those 10 little single family condos in San Diego were throwing off only $50,000 total cash flow and now we are forcing appreciation on 3 apartment complexes, increasing rents, increasing cash flow, and exponentially increasing the value of these apartment complexes at the same time.I really like the true Multifamily business model, where, increasing NOI from what one originally purchased is the primary driver of value of property for refinancing and not comps!!!

, etc.There are some turnkey options out there now that do it BRRRR style, so you get the forced appreciation you would get if you did the work yourself, but the turnkey company does the work.

The lack of offers is a bit concerning, but that is probably due to the fact that it is a single tenant property so there is less room for forced appreciation and more concentrated risk. 

Do the math.Also, you should be keenly aware that on this type of investments you have disabled the two main wealth generators of real estate: principal pay down and appreciation (both natural and forced).

My long term goal is to also be able to quit my full time job and go full force with real estate investing .

I just got contacted by another condo owner relating to condo termination due to a developer group forcing all the condo owners to sell at a commercial/general appraised price.

Nothing forced you to be more serious then when it's your money haha.

Hi BP community,I'm in the Air Force, and I like to invest in single family and multi family homes.  

There are only certain areas of Sacramento that are capable of cash flowing without forcing it with larger down payments.