I'm just glad that they have show notes that I can go back and reference since I don't have the pen and paper while listening to them.

@Oscar FreimanWhen you say investing are you referring to investing in real estate?

I thought this would allow for some minor rent increases when apartments turn over but would allow to still have capital and some reserve funds.Thanks for the advice.In referring to the exit strategy, I meant with the property not the partnership. 

Be sure to check references...present and past.  

@James Paisley if you decide to explore the hard money option, I know a private lender in this area I can refer you to if need be. 

2) Can anyone refer a knowledgeable agent who is familiar with the San Diego area and has experience with 203K loans?

Please tell her I referred you..

What neighborhoods are you referring too? 

Check their references.

Also, if there are areas to stay away from, that would be helpful too - and if you can refer any brokers, that would be great.