Numerous structures within this category hold the potential for conversion into residential spaces, offering a viable solution to augment the inventory of affordable housing.SB 6* allows for commercial properties to be used as residential spaces without the need for rezoning.

Thank you for taking the time to answer and for providing the numerous resources, I'll definitely take a look at these.

Whether this disruption is largely favorable or negative (even OpenAI co-founder Elon Musk calls for regulation of AI, fearing it as a dangerous threat to humanity) is not very relevant, as it is inevitable.The best thing you can do is to look at the numerous ways AI can help investors, lenders, and tenants and learn how it can make your life and work easier and more efficient.

Following here to....Great question @Tim Melia We have numerous multifamily properties in Snohomish County and are investigating grabbing some sfh in Seattle.

There are numerous rental platforms which allow to do this without going through any banking nonsense.

We understand that there are numerous qualitative considerations, but I'd be interested in what people have to share on how you decide - whether to flip , and sell - or whether to rent.  

However, based on strictly numerical data to consider when looking at broad generalities of East Vs.

@Eliannah LinehanBe careful how you are calculating CoC.Cash Flow/Cash Invested.In your unlevered example, your CoC return in Y1 is 15.38%, not 23%:$22K Cash Flow (or NOI in this case since there is no Debt Service) divided by $143K Cash Invested.If you put a loan on the property, you would subtract the Debt Service from the numerator since Cash Flow will no longer equal NOI, and you can subtract the loan proceeds (after closing costs) from the denominator since you will no longer have that cash tied up in the investment.A couple other things I'm noticing:1) You may want to factor in a CapEx/Replacement Reserves allocation to more accurately project your returns.

Due to numerous restrictions put in place after 2008, the double close is now extremely difficult to pull off.  

Plus I see numerous storage unit facilities so people can store all of their have to have items that won't fit in their homes.