NY, in my opinion, has become an increasingly common and to a degree NY itself has become homogenous with the various chain offerings of "local" product (e.g., replacing the deli with xyz chain).

My post points out there is a distinction between Yield, which is interest income and potential Gain from the discount.

Not every deal is going to be a home run like that, but most can be had for at least a 10 cap around our area relatively easily as long as you buy right, have a good product, and have amentities people want they run pretty well.

To not point to the distinction amongst assets is, I would argue, is an annoyance and deceptive practice to some extent.

I have been advised by the Smart Charts trainer that all of the informaton in a local MLS is included in the Smart Charts product.

So to contribute year after year to a Roth is counter productive.2.

Account Closed - yeah I get the distinct impression that a buy and hold strategy in the SF East Bay makes no sense right now for SFH.

If you want to deal with miles of government Red Tape you can work with them on getting FHA 203(k) loans which are basically the only pure residential construction loan product out there, and is only for owner occupants.  

Finally "B2R" financing is a newer loan product offered by Blackstone.

The distinction is that you already own it rather than a "purchase money mortgage" which is used to acquire a property.If you do the refinance you might be just paying off an existing loan.