It's kind of low inventory right now and it's kind of a seller's market and most prices are high and cash buyers are getting the deals.That does not mean that there are not any deals out there.

I have lived in this area and owned in the Bay View neighborhood also and I think the right product in this location could produce similar rents as the 'hipster' Bay View location.

Of course, you want to go with a turnkey provider (if that's the route you go) that keeps annual maintenance costs as low as possible, but there will always be something big that needs a repair when it comes to a long-term investment like that.

I'm not sure how long the tax rate will stay low. 

I can see also why your choosing to do flips in that area as price points are low for San Diego.

We vary the topics of all the meetings and like I was telling you in person, maybe 2-3 times a year we bring in a national guru who will also have products for sale.

I don't know if you are a contractor yourself or if you would have a contractor do the work but GLT Products offers soundproofing materials either directly through their company or through a sister company, Sound Acoustic Solutions.

Enjoy your most productive years and put money into 401K as much as possible. 

That is the product that will allow you to refinance a single family home in an LLC.

Cash flow is generally very thin due to the cost of maintaining low quality materials, paying lot rent and dealing with bottom of the barrel tenants.