And growing up again in Cupertino  was somewhat like LA it was Lockheed in those days was the major driver before HP Intel Apple Varian etc.. came on the scene in the late 70s  now Lockheed is no more..

Close to Apple, close to new Google campus, price is relatively cheaper than prime area.School's not great, but with area improving, will it improve together?

I would suggest creating a new bank account just for your rental related activities.I would also suggest doing the same for a credit card.I would also suggest having an online storage app such as google drive, apple drive or dropbox to help save your receipts / invoices.

The lender funded the full purchase and rehab of $225,000 on a 12% IO loan with a year term and first lien position.Breakdown:$330k ARV$130k Purchase$95k Rehab$225k Loan amount (funding 100% of purchase and rehab)$2,250 Monthly Interest Payments68% = LTV  100% = LTCThere are a lot of benefits to the borrower like, being able to close quickly, leveraging other people's money (OPM), no condition requirements, appraisals, the surety of being able to perform, and some may not be able to get attractive terms with a bank.

It's a non recourse product with favorable low int rates, longer 10-12 yr terms and up to 10 yrs IO

Let's face it, Google, Facebook, Apple, and the like are not going to regress anytime soon.I would like to hear what other investors are thinking...

We have seen 30yr and recently even got a 35yr amortization with 3yr IO, but the term for these large commercial loans (typically $15-$25mm) are generally 5-10 years with some extensions available.

I too work as a consultant (Business Pro, with Apple) and I am beginning my REI ventures this year. 

They are not really investors but speculators.Micheal  its totally apples to Oranges  when i got into this game a century ago or it feels like that.. investors did not buy SFR's per se like they do in droves today.. and from my cheap seats.. all the new construction we build not a single property goes to an investor.. price is the price and you get to the price by cost plus profit and profits are generally 10 to 20% of gross sales prices as your cmpeititon backs into it the same way.its only the last 20 or so years were soup de jour is getting rich only rentals and the easiest way to do that is buy low value SFR.. beginners can t start generally with 2 mil apartment complex.. but they can a 75k SFR.. 

It's so funny to hear people shy away from non-cashflowing investments who would have loved to buy Apple stock in 1990, or any of the other famous tech stocks.