For this type of property I would do a DCF analysis, this will take into consideration the “below the line” expenses.

I bet those that start on teams, is considerably lower.

@Edith Alvarado de CortezThere are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

The time to exit the market, liquidate assest is when prices stop rising and start to decline.

And with a flood here it means basically the water rises slowly for a day or 2 and destroys the drywall electrical etc.

I bought my first property in 92104 back in 2014, it's been fascinating to watch the relatively meteoric rise of this neighborhood in the past few years.

Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusionThe answer to your $10,000 question is it depends on if the unit is in service and what the breakdown of the $10,000 is(repair vs improvement) and if there is any safe harbor/election to currently expense the items.

There are a lot of considerations when choosing to invest with a sponsor like the team, the track record, market preference, type of property, business thesis, return profile, etc. 

Two things my wife and I took into consideration so far is;1.

Whatever the seller and buyer agree to, that's the rate.For the record, interest rate is often not the most important factor for the seller; often, the actual amount of the payment and the total duration of the financing are the dominant considerations for the seller.For example, we've closed transactions where the seller receive ZERO interest on their equity.