@James Mays welcome to investing in California. 

:) Are you needing to use the other sources along with Pad Split to fill your properties?

I would love to meet up.

Quote from @Carl Rowles: When you insure a SFH rental property, do you try to adjust and of the coverage amounts?

Thanks in advance-LukeThe way I calculate cash on cash is It cost me X dollars out of my pocket to buy the property and after the first year I had Y dollars flowing back into my pocket.

If you're going to do that and want cash flow, you'll very likely need to at least make some cosmetic improvements to the units to raise the rents and then manage efficiently.

Your first step will be to talk to several lenders to find out what you qualify for.

Curious how it went 3 years later, Dan?

You can provide a formal cure notice to your LL/Management and if they don't address it then you can move to next steps.

It Could help your offer though if the seller thinks he might have difficulty in identifying his replacement property within 45 days (he has 180 days to actually close on it) And it’s okay with you....you could offer to delay your closing for up to 30 days or so, to help him have more time in identifying his replacement property.