@Dan Heuschele I think we are on the same page that even the rough parts of San Diego are mild compared to some of the larger cities, I just don't want people thinking Logan Heights is anything like some of those areas you mentioned.I feel pretty optimistic about the potential in the area, you should check out the San Diego City revitalization plan for Southeast San Diego if you want to see what might be in store for some of these areas. 

I talk about doing renovations and they don’t weigh heavily on what that could mean for a tenant.

I used the extra money I had to complete the renovations and this quick flip turned into a 4 year learning experience. 

They do lending on investment properties that larger lenders don't do.

One out of the 4 units is being renovated and we will choose the tenant.

Schools are 9 and 10s.One out of the 4 units is being renovated and we will choose the tenant.

I have got a few response from people saying once I get some experience that they would consider maybe partnering on a larger deal (Larger for them). 

But whatever you do, please, do not over-renovate the property or try to make it the BEST property in your neighborhood.

All my properties today are SFR, but interested to start looking at small MFR, perhaps moving up into larger buildings. 

Add some larger capex items (a roof, heating system, maybe a multi-month eviction).