Compute the IRR for those different scenarios (can compute with excel function).

Again, you can get in real trouble for not having it and if someone gets seriously hurt, you could face criminal charges.Consult with a CPA, an attorney and an insurance agent to set up your business properly.  

The house is a bit funky and contains a full functional living unit on the second floor but the ground floor, (basement), which is on a slab, seems to have been remodeled at some point, but not at all finished.

I'm definitely going to be using PM & HM, but I would love to connect with an investor/mentor who could help me analyze a deal & show me the proper way.

And no it is not just pure speculation to invest in CA real estate ... there is a science to it and done properly it is highly repeatable.

. :)So I have a question about how to properly handle the bookkeeping and finances in a business.

@Ben LeybovichRents at the moment have not been dropping, at least not in SF proper.

Hi BP Community,What is the ballpark cost for a buyer of a SFH, financed deal (conventional) in the city proper closing around March timeframe?

I was using the app on my phone and it doesn't appear to support the mention function. 

But stop by and we can talk story and I'll set you on the proper path. ;-)