Optimism back in the market/city and increasing interest rates are making it a bit tougher - but not impossible.

I put $1700 in the calculator as an increase. 

Win win and your confidence has taken a step up.

This definitely gives me more confidence to pursue the safer option right now--at least to start out and get my feet wet first before taking something bigger with more risks. 

I had just planned on being aggressive with rent increases and renovating apartments on turnover.

After it was flipped and sold last year, its assessed value shot up $90,000, causing an increase of $4,000 annual taxes.  

After it was flipped and sold last year, its assessed value shot up $90,000, causing an increase of $4,000 annual taxes.

I've read a lot about the upcoming vote on the SDSU West vs Soccer City Initiatives, however I'm curious how you all think this will affect the surrounding area real estate values? Specifically homes within a mile rad...

Repairs can be expensed but anything that increases the value of your property is to be depreciated.  

. - Buy using hard cash, - Refinance my other properties to get the cash back + get the rehab fund, - Rehab of $30,000 to increase it's value to around $230,000- Rental units of 50 units with nett cashflow after expense and mortgage of $1200- Repeat: finding another opportunities with the extra money that I got from refinance Conclusion: I got the property with 0 cash invested (though short term cash is needed & using other property for refinancing), get $1200 / month (still in progress).