Historically speaking, Bay Area homeownership has almost always been a good or even spectacular investment. 

Hi All,I know of a house that will be coming up for sale, and it's something of a historic home - the architect was, if not famous, locally known and respected.

Think about it for a second, if you don't buy everything but the reviews, those reviews can negatively be affected as guests visit and see a mismatch from the historical pictures to what you have now (this is if you don't buy all the contents of the house). 

Purchase price: $59,000 Cash invested: $69,000 Sale price: $222,500 Beautifully renovated duplex in Historic Downtown Louisville.

Were any of the sentiments based on historical examples?

Historically that is almost free money. 1% or so in the rate should not kill a deal or you probably didn't have a deal in the first place. 

.- Historical financial information on the property, a T12, a YTD P&L and a rent-roll.- Any additional information you may have such as an OM or an old appraisal etc.- Leases (not necessarily needed at first, but we will need to review these).On the sponsorship side, we need to know -- Net worth and liquidity of each sponsor with a share of 20% or more

If in doubt on being able to pay the HELOC off soon, I would do a refinance using a 30 year fixed on the primary residence to pull money out and use that money.I am leery of variable rate loans when we are at such historically low interest levels.Good luck

When I go on the Los Angeles County Assessor's website, it seems I cannot access information regarding historical data of property tax/rate for a specified property.

I won't be investing in the riskiest/most supportable asset subclasses such as hotels, and tilt my portfolio the ones that have historically been more stable such as multifamily and single-family housing.