In other words, find someone with a larger multifamily portfolio.

I am curious to see if anyones been in a similar situation with a larger commercial building or how you all in the BP community would try to find use for the former hotel.

I like it for long haul because the area is really starting to be developed and I would like to build a larger unit building on the lot someday.

The alternative is that we buy and hold larger properties together, however this complicates the situation in that we would need to be in a very long term partnership, which we are not ready for at the moment.

Check your guidelines as most states won't allow extremely large rate increases but they have to be over time.  

New people moving in may not care, but long term residents will not enjoy the change.I don't see that this bill drive people out of California, not in any larger numbers than already leaving.

Designing logos, answering customer complaints for agents you're responsible for as a broker, accounting, training, licensing, RECRUITING....I can't believe the amount of turnover, so probably 80% of your time should be/will be recruiting new agents for your brokerage....and then you have to figure out how to take care of the other million tasks in your 10-20% of the time which is important.   

We want to find a larger apartment as our next property.

But I have never tried for anything larger than a 4 plex.

This means a larger payment and your DTI will need to be able to handle it as well.