The Big question in my mind is will this be another big "R" as in Recession or a Big "D" Essentially by becoming liquid, renting for a while, being patient and buying on the Market DIP you are able to again RIDE the wave up when the market rebounds which it will in the SF Bay area again in the next UP cycle. 

It also is a great school system and people move into the area just because of that, with home values constantly on the rise.

I contact a seller , he r she replies to me and we agree to meet to discuss the deal .

I also strongly recommend using a good software system out of the gates and make sure your accounting is on point.  

If so, I have a very specific system that I use to get you paid every week without having to chase your money down.

I wanted to go with a larger building, but my partners want to start small, get all our systems down and scale from there.

The system makes no sense but your explanation of it is great.  

Thanks for the feedback @Teri S.and Nicole Sorensen Hull the CC&R's allow us to record a lien, take them to small claims court, get a judicial foreclosure and give the owner the right to arbitrate.

If there are safety issues or any defective systems, it is likely that they will not lend to you to BUY the distressed property TO renovate.

HI everyone I'm Pablo.I'm new in the business, I have a business plan and system of work created.