Well since you mentioned coffee, there is a meetup in West LA on the second Saturday of every month, hosted by @Jeff Greenberg.

If the rents you mentioned are actual current rents for the building in question then I am guessing the apts are outdated and need some work and possibly the building suffers from deferred maintenance.

However, as other people have mentioned, househacking and having neighbors below/above/in the next room will definitely take some getting used to and can strain relationships!

@Craig Bellot ThisHere is the 10% for the three categories you mentioned. 

I agree with everything that's been mentioned.

And it is quite a challenge to find the right banker at these banks to talk to.The home I mentioned, bought as an REO, there were four adjacent ones on the block, and two of them the owners bought directly from the bank, from what they tell me, so as you say, is not unheard of.

Note the last thing I mentioned is different than putting income from already owned properties in to your SD-IRA.

The key word you mentioned is "Basic".  

Just like @Christopher Blanco has mentioned.....taxes can be interesting.

I'll check out reviews for what you have mentioned.