And he has rather deep pockets to pull from for capital.

Well the appraisal report came back and showed water in the basement, wet throughout 3/4, maybe 1/2 deep. 

My husband and I are just now getting started learning about real estate investing. We are looking to create residual income through rental properties and possibly mobile home parks and RV parks, but would also really...

Looking for recommendations for a deep shower pan, or a pan with a substantial curb/lip, so that I can hang shower curtain instead of doors.

I've lived all over and I got deep allegiance to the rustbelt!

Seriously though...unless you knew someone with super deep pockets that funded the majority of the $4M, then you're already doing the right things to attract the type of capital you want.

How big was your lake, how deep? 

Mike, that's a deep question. 

I know very little about West Oakland or deep East Oakland, but that is on purpose.It sounds like you have decided to do a small multifamily building house hack. 

Most of the brokerage reports provide backward looking data that suffers from selection bias, survivorship bias and cherry-picking i.e. massive statistical issues.It's better to have a deep focus in a few attractive markets and develop relationships there as opposed to spraying and praying.I would seek to understand the investment risk/return profile and match it with your capital needs.