@Michael Kagan, I always tell people who ask that buying San Francisco apartments is a game of regulations, sweat equity, and you need to have a thick skin and patience.

Both lenders, particularly the conventional mortgage lender want the borrower/buyer to have personal capital “skin in the game” invested in the transaction3. 100% financing, if obtainable, usually result in negative cash flow, which means capital out of pocket from the owner each monthThat being said, “nothing down” purchases are done, but this depends on the definition of “nothing down”.

And than work for last phase of addressing the long game together such as other room-mates etc.. 

I had a duplex that I sold in 2021, now I’m getting ready to get back in the game.

I'm interested in getting in the game now and then a house flipper contacted me and everything he was pitching to me to recognized from the book.

Would love to connect and hear more @Erin Fulton, I personally just started STR/MTR game in Austin and suburbs last year and would love to hear your ideas and strategy

That’s awesome, I am more in the south Florida area, Miami specifically but not far from spring training games. 

If you put your money in property, it is all about playing the long game because real estate investment is a smart way to balance your financial portfolio.

If you are constantly getting the 2-4 place in your bid, then it's just a numbers game aka getting more offers out there and being competitive.If you are not even close to winning the bid, then it's time to either up price or terms, or both. 

That really rubs me the wrong way to play this game of "well we didnt do anything to fix the foundation so we are not liable".