a 7% cap rate is basically unheard of in the bay area. 

Is it unheard of to just purchase this mans portfolio?

is extra deposit half way through a lease unheard of?

In my experience a bank that gives out investment loans on 5-10% down, 30 year fixed interest is rare (I would even say unheard of).

This would have been unheard of a few months earlier.  

I would always still recommend that you make your deeds match as closely as possibly however because confusion in a field audit is not unheard of. 

And technically it would be allowable to sell one property deeded in an LLC and have your replacement property deeded in the name of a different LLC.I would always still recommend that you make your deeds match as closely as possibly however because confusion in a field audit is not unheard of.

That is literally unheard of by several % in the high appreciation markets.

its certainly happening in the bay area.. in Portland we are just about at our 07 peak so it stands to reason just with inflation that we can see new peaks  11 years later..I mean when median price point in Portlandia was 120k in the late 80s  .. it was not going to stay at 120k forever just like now with our median over 300k  and in the peak it was right there .. it can make new highs, at least I am thinking so.also much more equity coming into the market than what was happening in 05 to 07 were every one was so focused on 100% leverage you know OPM  refi to you die.. max equity.. what I see now in my new home communities are buyers aschewing max equity.. don't want to pay PMI and are putting 10 to 20% down and in my last 23 homes community we sold 3 for cash.. at 450k each.. that was UNHEARD of last go around.. so in my mind whatever is happening today has stronger foundation for a longer run.then you take all these folks buying rentals.. and I see it every day on my HUDS that I am signing all over the country.. and its cash sales and 20% down or more.. now BRRR has come back that is 100% financing .. but its limited.. were as in 05 ish that was 95% of how people were buying rentals in the mid west.. so very few had any real skin in the game.. as compared to today..  

If you bought as REO from the bank that didn't sell at auction, while less common for you to speak with the bank, not unheard of.