I was able to offer quick closing to help the seller out in offloading the property.

That program coupled with some other incentives (like rate buydowns) may move the needle in your favor.The program is called "dream for all"https://www.calhfa.ca.gov/dream/

Thank you  Do you own the property or are you trying to get a bid so you can than make an offer I was trying to get a bid so I know how much to offer.

@Hunter Schenk can't help with experience, but curious if the city will force you to offer a percentage of the units at "affordable" prices?

An Air BNB COULD be active and subject to SE- however it really needs to be fully operating like a hotel, offering much more in terms of services than what most offer.

Cities and regions experiencing economic expansion tend to attract more renters and offer better long-term investment potential.

A cash out refinance is set up on a 30 year mortgage so it offers a lower payment and rate.

The property I am making an offer on is turn-key.

A lot of times they will prominently display an appealing cap rate, and then you look at the offer memorandum and it's clear that they are advertising a "projected" cap rate based on "projected" rents.

Not sure what they're offering exactly.If you're managing your own properties already, a few more units isn't too difficult.