You will have negative cash flow and will only be able to rely on appreciation to profit....extremely risky.Additionally if plan A is a serious option for you then you are a very low risk investor and may want to reconsider directly investing in real estate and may be better off putting your money in a REIT.A investor, assuming they have the ability to move, would sell the CA property and move their money to where it can actually produce positive cash flow.

Sounds like you're already familiar with real estate and working in a positive direction on your career.

On the Results page of the report, select "Other Actions" > "Copy to "User" , enter and select the name of the BiggerPockets colleague you want to send it to and then select "Send Copy."

Do you want to require unanimous consent for certain actions or transactions involving a certain dollar amount? 

Everybody needs a place to live and apartments are one of the best passive investments and it makes money on day 1 if that is one of your goals and it can be a great long term investments.To do that type of purchasing of a minimum of about 32 units can afford a Property Management Company and still have a positive cash flow and each vacancy does not hurt so much.You do not need to have any experience to buy them,.

Or, if he really wants the property and is looking for ways he can afford it, he could again sit down and write out questions he doesn’t have the answers to that are preventing any action at all:1) what’s the property worth now as is?

I want to take action.

They are very different.To "assume" a loan means that you are getting the current lender's approval to take over the borrower's position.

I would definitely interview a couple of agents if I was in your position.

Highly unlikely you will have positive cash flow but without knowing property value and market rent it is impossible to give advice aside from ....... never invest in a income property with a pool.