Do laundry really generate income?

As for Milwaukee, it's as diverse as I'm sure many cities are, with room for opportunity and a lot going on externally and internally which is generating a lot of hype.

Selling I don’t really want because my first property is in a great location and it generates great cash flow.

My best advice would be to go to as many meetups or networking events as possible while you're in the generating money phase. 

I have absolutely no idea how the Bay Area market functions, so I'm not at all qualified to answer whether that's predictable.I think it's equally risky to an investor putting up $100,000 on a property that the investor expects will generate $150,000 in profit. 

One thing not mentioned here is I would look big picture and figure out the returns you plan to generate and whether that would make sense for you and other investors to tag team a SF rental.... 

If you don't hold up your end then they would be able to take the property back.If they still have a mortgage and you don't have the $$ to purchase or get a traditional loan then I would HIGHLY recommend that you sign a 1 yr lease with the family member which would guarantee them an amount every month regardless of the income generated and the balance is your profit. 

As a general rule of thumb you'd want your house to be situated in or very near highly trafficy area to generate interest and for an easier access for your workers and family members of your tenants. 

A non-refundable fee is a good income generator for you but it's more likely to cause problems.

If we sell that same property in 30 years but on the 30-year, 3.125% rate we make a total profit of $497,000. 30 years down the road and $38k richer via method A but the Coc at the top of the report is only 4.27%(our report) for this one opposed to 10.97%(the one you can't see) Coc return for option B.Let's look at one more metric that stuck out to me, that is CoC return for year 30. the 15 year/2.5 loan(the report) at year 30 generates us with a 41% Coc return, which seems like an astounding number to me even though I probably couldn't fully explain what is happening.