EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Our efficient execution minimized holding costs and maximized ROI.

So if you could add some specifics, we could actually read the text and give a better opinion.But if you know the ordinance is legit and the city says so, then the only way to "get around" it is to do it illegally which could cost you much more in the end.We really try and not advocate breaking the law.

The new investment earns $24,000 a year, but the cost of the mortgage + the equity loan will be $22,332—and that’s before you account for taxes, insurance, maintenance, capital expenditures, vacancies, etc.

Add insurance costs to your numbers and plan for the increases. 

Call it $600k with closing costs and reserves, so a $600k raise.

Other franchises are reputable, but a fraction of the cost. 

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.Creating an LLC in California could cost you a minimum tax of $800 every year.

I'd recommend looking into the cost of a dialer system, ISA, and CRM (if needed).

@Gabriella NataldieWith $10k in savings and $8k in hospital bills I would not be buying a multifamily propertyA roof, hvac system or major repair would wipe out that $10k.Closing costs alone on the property would be more than $10k.While it’s awesome to be ambitious, I recommend focusing on saving $ and building up enough capital so you can comfortably afford to buy a property