This pilot location served as the testing ground for our urban initiative to bring retail to Old Oakland.

I initially looked into the LV market for a rental that would pass the 2% rule.

Cash out refinances where the subject property was purchased within 6 months (measured from HUD-1 date to the disbursement date of the new mortgage) when no financing was obtained for the purchase are allowed under the following parameters:o The new loan amount must not be more than the actual documented amount of the borrower’s initial investment in purchasing the property, plus the financing of closing costs, prepaid fees, and points – subject to the maximum LTV/CLTV/HCLTV for cash out transactions.

Zach, I would be more concerned with the market for larger apartments than the initial start-up cost.

The lesson here: when you're going outside of your comfort zone on a neighborhood, be conservative with your initial valuation, and don't overspend on the rehab when you don't have to.I'd be fine talking to the media about this.

I give callers a rundown of the high points of my criteria - verifiable income 3X rent, no evictions (ever), no felonies in the last five years, no more than two misdemeanors in the last five years, verifiable rental history.

Without taking the roof replacement cost into consideration, my initial calculation of cap rate is 8.3% and cash on cash is about 8.9% for this property.

Now, see if you can verify that information with the county clerk.

Last, when meeting with home seller, how is the subject of "finding another buyer" initiated presented as they could do it themselves?

Here are 3 tips for avoiding popular lending scams:1.Run away from fee collectors: A lending scam is usually present if high, upfront fees are paid directly to the lender.2.Obtain references from the lender: Although real references are hard to verify, always ask for references from the lender’s clients.