You're going to need to pay rent regardless so the main risk is whether your business survives or not.

You budget for major mechanicals based on how old the current are and you have a contractor bid any updates you want to make I don't see it as any more or less risky than more expensive properties.

This seems risky to me, but I'm very new, so would love to hear others thoughts.Thank you

I don't want to assume that much more risk.  I

However, if Proposition 21 passes in November it will replace CH law and I don't believe Prop 21 has any principal place of residence requirement.

For flippers, this risk is minimal, since their investment is short-term.In conclusion: Firstly, transfer taxes can be difficult to navigate but don’t be distracted by its noise.

Risk is forward-looking and dependent on a lot of variables you can't capture with just current income.However, I'd say higher CapRates may reflect some perceived risk, but that's not what they're designed for.Risk is more reflected in CapRate compression since those downtown units are going to need to sell for less unless there is some big change in rent-ups.

As amazing as you and your wife are, you’re almost certainly not going to get the project done for less than an experienced GC could for themselves.One other risk is that in areas like the bay area where owner builders are extremely rare, and subs are in high demand, many will either inflate their bid or just never respond.

High or low risk is neither bad or good, they are just probabilities of peojected outcomes.

I know its risky because i dont know if there will be a downturn next year when i plan on buying but i also dont want to miss out on growth returns that are far superior to the low interst rates even HYSA's are getting now adays.P.S. if this is the wrong area for this question, my apologies.