I'm a fast learner and highly motivated to soak up all the knowledge I can. 

Purchase price: $1,730,000 Cash invested: $560,00014,000 SF 11-unit mix-use building consisting of 2 retail spaces and (9) second floor apartment units.

I am not in LA, but since it has been two days with no local answers for you, I have some tipsWhat you want is a high volume landlord tenant attorney.

Below is my high level numbers -Property cost: 500k - 600k, Rehab cost - 100k - 150k, so total project cost: 600k - 750k.Please let me know your thoughts. 

Did you do a Listsource grab of properties with high equity or you had another way to coming to that conclusion?

One will be my primary residence since I'm moving to Tampa in April 2024 after my apartment lease expires, and the other will be my first investment property. 

I have a real estate portfolio with good amount of equity (most of the portfolio is free and clear), however my personal DTI ratio is too high and that's stopping me from tapping into it to settle some debts and buy more properties.

Low inventory, high demand.

Scott, I would HIGHLY recommend going some details and running some examples through it so people can make an informed decision on which one to use.

However, I recognize I still have much to learn.I would highly value advice from veteran investors on finding the right opportunities, understanding regulations, financing projects, and overall best practices.