I already have a duplex I rent with over $250/m in positive cash flow. 

The positive camp of my local investors are telling me it is going to transform the area because more people more business moving in will raise the house prices and rents, while the negative camp is saying that the complex will draw all the quality renters in my area so the house prices and rents will actually go down.If you have come across something similar before, please can you comment what was the impact?

Hi @Branson FieldsAssuming you mean the one on James, the RPR shows it as $219K so that's a positive.

Prop 10 contains a hidden loophole requiring taxpayers to pay the initiative supporters’ legal bills for participating in certain lawsuits, even if they lose and even if their position is frivolous.

My main issue was not losing my positions in my other accounts, thus the need for a personal loan or a collateral loan of some kind. 

Start studying as much information as you can about real estate investing.Step 5: Figure out how to live off W (less then you earn)Step 6: Open a savings account and put your savings into it (X+Y+Z)-W= S (Savings)Step 7: Offer to help another real estate investor do anything they need in return for mentoring you.Step 8: Listen to positive people daily who are motivating.

. $10,500 down payment (10%) 2. 5% interest rate 3. 20 year amortization schedule with option to pay it off soonerThat NETs me $364/month in positive cash flow which I'm good with (ROI = 44%)Thanks in advance for any assistance or deals that you've done.

If you do not have an agreement on maintaining the rent, I suspect he can increase it. 

If anyone has been in my position or has any advice on how to get started I would very much appreciate it.

My main lease prohibits washer/dryers in the units unless we give written permission (which would be the addendum).Here's what mine looks like:THIS ADDENDUM IS HEREBY MADE A PART OF THAT CERTAIN LEASE AGREEMENT EXECUTED ON _______________ BETWEEN _______________________ (“Tenant”) AND ______________________ (“Landlord”) Rental Unit Address:This agreement serves as consent from the Landlord to permit Tenant(s) to attach and use a clothes washer and/or dryer within the aforementioned rental unit under the following conditions:Any damage to the Premises caused by water originating from the washer and/or its connecting hoses will repaired by the Landlord at the undersigned Tenant(s) expense.Tenant agrees to regularly maintain and clean lint/debris from the dryer unit itself as well as attached ducting.