If it's standard for the tenant to pay and the property is submetered then no problem.

I put a link from Rentredi if anyone is interested to look.My screening criteria is 3x monthly income, Credit Score >600, no Felonies, and I have really be on the fence pets or no pets depending on size etc I need help with the tenant selection1.

The only advantage is has over conventional loans is the 0% DP and no mortgage insurance. 

of course you have to handle the inquiries… but it’s pretty easy… we’ve done it multiple times.Your 6% appreciation approximation is less than the 7% average return the stock market  does long term - and lately it has been blowing that figure away - though as they say - past performance doesn’t equal future performance. 

But there is also almost no lever the owner can pull to help this.  

In terms of sellers, I plan on negotiating with them directly with no agents.

I believe IB is likely to out perform the San Diego general market.  

I've asked around in my circle and no one has done this before.

No building is worth your family.

My employer had no locations actually in Detroit, but hundreds of my employees came from there.