Under the rules of Prop. 13, the Office of the County Assessor appraises new construction at fair market value when the improvements are complete, and the value of the new construction is added to the total assessed value of the property."

I'm looking at a portfolio deal with 3 properties (10 units total).

Insanely simple comment here, but I just want to make sure we don't miss the obvious....  

But ultimately, it's totally up to you.

We thought that might still be okay, so we looked at other loan options and realized the only other way was for me to put down about $6,000 in total for closing costs, deposits, inspections and surveys.

.$34M purchase7% preferred returnCash and Cash - 8.5% over 5 yearsWhen deal sold, the principal is returned and 70% of proceeds basedEquity multiple 1.94"Over 5 years, you're basically doubling investment."15.9% IRRUsing that -- and some if the info seems contradictory to me -- how do you simplify to, "If I invested $100K here, assuming their numbers are true, I could expect to earn $XXXX each year and $XXXX total after 5 years"?

Single-family home sales in August totaled 6,818 transactions, a 0.8 percent increase from August 2017.

Do I have to hold 6 months in total or after renovation before refi.

I work with a great one and I'm totally into that world.

I have saved up about 225k in cash and another 230k in stocks consisting of 401k and iras of with I could pull out a total of about 150k of.