That should reduce your vacancies and increase your rate of return.

Your best bet is to have your agent recommend a legit lender....require buyers to meet Their preapproval process (a real one, tax returns, pay stubs, bank statements, etc)....they don’t have use your lender for the loan, but meet their preapproval standards.

I'm currently doing a condo conversion project in Medford for a quick return.  

Hi @Stacie Lynn, I have personally been to quite a few different real estate meetups around San Diego and I have yet to return to any of them a second time. 

:"No later than 21 calendar days after the tenant has vacated the premises, but not earlier than the time that either the landlord or the tenant provides a notice to terminate the tenancy under Section 1946 or 1946.1, Section 1161 of the Code of Civil Procedure, or not earlier than 60 calendar days prior to the expiration of a fixed-term lease, the landlord shall furnish the tenant, ...a copy of an itemized statement... and shall return any remaining portion of the security to the tenant."

Im just thinking about, in the event I want to move out / purchase the next property, how much I may be paying out each month to hold on for potential/eventual payoff when I sell.And how long would it take for sufficient appreciation for a decent return? 

In other words, everything is possible without affecting the due on sale clause.Something else to add here, I'm going overboard but since you might be having a lot of looses you want to make your return audit-proof:You must materially participate to deduct any tax losses from your airbnb activity.Use of a management firm makes material participation less likely.Use of a management firm increases the possibility that you will not be involved in day-to-day activities, and that lack of involvement will cost you any claim of investor time for material participation purposes.The IRS questions whether drive time counts for material participation purposes, and the court in Toups denied drive time as material participation time.

Just as in anything there are always exceptions to the rule, but by in large there are not a ton of opportunities for investors targeting condos to make great returns.  

But as you wait to deploy that capital, the return on equity (ROE) is very low.

I have a duplex in a 1031x that I would love to drop and get a 6-12 unit; but in this market there aren't any in my area that measure up to what I want for a return and values are just as likely to go down as up IMO.