@Shannon WebbAssignments are a great way to make quick money, but an assignment is a contract, not unlike a purchase contract, so both the assignor and assignee must understand contracts and contract law or they can easily get deep into poo poo that can harm them financially for a long time. 

I don't think so..http://www.biggerpockets.com/forums/311/topics/160...I'm not sure if the NAR is measuring in a different SF Bay Area than I live, rent, and breathe in..?!

Do you know someone with deep pockets?

SO be sure you have plenty of breathing room when it comes to money in reserve.

And a newer (relatively) 4plex down in deep East Oakland with tons of cash flow (but not like Chicago CF).

Most investors that are the buyers you want are buying at deep discounts, you have to learn the market and what works for them.What I would suggest is talk to a couple of the buyers on the list and see if you can work with them to help locating properties.

First thing is breath.... lol congrats on getting the call.

When we go back and do the rest, the cost per sq foot will come down as a living/dining room and two bedroom will not be that expensive.We are completing a deep retrofit of a student house this summer - the current project phase includes re-wiring of the entire house, new HVAC system, and turning an unfinished basement into 2-bdrms, common rm, bathroom, and laundry area {included in this is levelling the existing slab, moving a wall on the main floor, removing a chimney, new egress windows and window wells, and installing a new staircase}.

There may be a "bug" thread for this, but just wants to share, when attempting to scroll to the bottom of a very long thread it wouldn't le me get to the last post. "77" deep.

When you have just CRE, that can be much easier than when business assets are also pledged, equipment, furniture and fixtures, inventory, accounts receivables, existing leases, it can get deep and hopefully plant/RE is enough, but often it's not.