Success wont happen over night, but with each day passing- you will build momentum and you will start to see the results.

Yes, maybe I wont make as much right off the bat as I would if I were focusing on my own investments, but doing this will force me to gain market knowledge and learn things I didnt know I didnt know.As for value added for my clients, they get a real estate agent that truely gets what they are trying to accomplish and is constantly studying to become better so I can offer better advice, have more market insight, and improve and streamline their buying and selling experiences, ultimately to create my own system. 

Once I realized that, things eased up and began to make more sense.I too, was very nervous about this all but just asking questions on the forum and not taking any action wont get you very far.

Two year turnaround.Asking Price: I've been so fixated on what the owner wants that my own analysis is suffering.

Storms do happen though, and damage is suffered but it's not a catastrophe everytime...its just the price of endless summer down here to us.

I know a group of investors that wont settle for any less than 20%

If so, you might decide to buy it, but I personally wont take the risk of buying something that wont cash flow if it becomes an investment property. 

Because SF's Building and Planning Departments are suffering staffing turnover and/or shortages, we've been told it might be up to a year before we get the conversion completed and finally have a unit to sell.

Eviction sounds like a huge headache and the bugs issue... the tenants will leave, the bugs wont.. if it's a multifamily home, get a professional exterminator there ASAP so you don't have the bugs evading other areas.  

MyVR.com looks promising but I'm not sure I wont just have the same problems that I had with 365villas...