Similarly I see some CRE lenders throwing money around again topped by dried up inventory and too many new, overpriced A-class developments going up just to create the perfect storm all over again - this time in the CRE space.

I am still trying to Perfect the method.Since I have owned property, developed property, flipped and held property for long enough to tell a great story, I have friends who lend me money based on my experience.I say this more to contrast what I am doing with what your trying to do.For me, I borrow 100% of the purchase price from private money.

James, Thanks for the book suggestions, I will order them right away and develop a more thorough knowledge on this - very appreciated!

I found this one really good article on sub-dividing, and then using Oakland's mini-lot development guidelines as an approach to this: http://www.jgutierrezlaw.com/uploads/Subdivisions....Is there anyone around that has subdivided their own property in Oakland?

@Vincent CraneYou don't necessarily need to upload a copy of each receipt to your accounting software.

Hey BP can anyone give me some feedback on Realeflow, I need to kick up my marketing stratigies and Realeflow was suggested to me. I though let me consult my BP members for their thought before I go any further. 

My CPA has instructed me that the auto expenses (at least the proportion used for rental activities), overhead such as office supplies, software, tax preparation, and other items which occur to operate the rental properties (AS A WHOLE) are expensable on Schedule E relative to the activity (e.g. based on number of units per property) by "cost accounting or cost allocation".

Due to the low new development over the last 7 years and the influx of people relocating into the SGF market, inventory is incredibly low across the board. 

I will give you both sides:as an agent and developer.

A ton of development and renovations happening in the area and you still have the commuter rail which is making it an ideal place for young buyers.