That way you get a forced equity bump and cash flow in a market within your immediate control, which is really difficult to do out of state.

I was in a pinch to close quickly and I trusted they would complete the work in the following days (my third mistake).Anyway it's been a month and every time I try to do something, it's 10X more difficult than it should be and more expensive.Every time I turn around, there's something going wrong in this place, and I am just at my wits end.What would you do?

I’d appreciate all thoughts and ideas on a difficult situation with one of my rental properties.

Believe me when I say that I know how difficult times like that can be.  

I kept telling myself - it’s difficult to count to 29 but after 30, you just get it.

I don't know the California market, but I would assume that it would be difficult to find a multiplex that would keep you under a 35-40% debt to income ratio in the CA market.  

I bet they would be easy to get under contract but they are difficult to sell to someone else.  

For some, the benefits of conduit loans are offset by complex loan documents, high closing costs, market-based pricing that is subject to change prior to loan closing due to adverse market conditions, and loan servicing that is oftentimes handled by a party other than the originating lender.CMBS activity has picked up since its reemergence in 2012, but CMBS lenders have recently found multifamily loans to be difficult to win due to other available lending alternatives.

We do have a 0% down mortgage program for first time resident buyers (that can only be used once), but the property purchase limit is $200,000 and it is difficult to find multi-unit properties in this price range - unless they are in a C or even D area.

Before you purchase a rental unit, you should already have a good idea of what the market rent in the area is, or it would be very difficult to determine if it's a good deal for a rental property.