The good news is the showings are back to back and all are qualified buyers.

The good news is that you will be able to have a larger building with lower interest rates, 30 year fixed rate mortgages, and without the commercial loan requirements.

Apparently, according to this news article, there are a number of people backing a “Stop the Flip” proposal that will appear on the November ballot that could create a 25% tax for those who flip properties within a 5 year time frame. 

I think that's great news.

I'd expect it to rent for about $1,300, not $1,700.Good news is I did a quick check and didn't find any outstanding violations with the county.

The professionals guide to double digit returns, multi-generational wealth, and a worry free retirement) which just went on Amazon 6 weeks ago that has a fair portion dedicated to choosing an area to invest in MF.

But generally I’ve found that investors are looking for 7-10% cash on cash (which might mean 4% in year 1 but growing to double-digits by year 3 or 4) and 13-17% IRR net.

I am a landlord in Texas, and I have caught wind of some serious scam artists in the state area preying on this EXACT scenario. http://dfw.cbslocal.com/2017/10/30/serial-squatters/http://www.kxii.com/content/news/Couple-evicted-nu...

That is no news to anyone on the coast....Within like 5 minutes of walking distance, someone bought a SFH for $2.5 million just to rent $6600 a month... another bought for $1.8m just to rent $4500 a month....I hope they are all 100% cash down... if they finance the purchase, they would be looking at $3000 a month loss easy...That is just the reality of Bay Area...

There will be a high turn over in this type of product, so the cap rate should be double digits.