That is your real problem.P.S. never expect tennats to repair or take care of problem, th evast majority of tennats are 100% irresponsible.

If I submit an invoice on Jan 24, I can expect payment to be mailed out on March 10. 

I can get 4% for 20 years - but I am unclear of a 'Prepayment Penalty": his 'contract'  :{5} Note:The borrower will be responsible make an origination fee PLEASE NOTE:this is the only fee expected to pay for this transaction to have your loan transferred to you as soon as possible by the bank transferring bank to your bank account, or which ever way you want your loan to be transfer to you If you fully agree on this terms and condition.Do you agree with the above terms and conditions?

This is my first post and I thank you in advance for sharing your expertise.I currently have a real estate perdicament for which I could use some advice and I expect that my experience is a relatively common one.I currently own a 3bd/2ba SFR in Oklahoma City (OKC) which I purchased as my primary residence in February 2016.

For conventional, expect 25% down at 5.5% for 30 years fixed now since rates have risen. 

It is my understanding that banks are not required to fill out any type if disclosure when selling reo properties because they cannot be expected to know anything.

I was trying more to point out that a whole lot of investors would follow Joe's or Sean's advice, and do well, but that we need to decide for ourselves what we want and what issues we're willing to tolerate with our investments.The "better" the neighborhood, the lower you should expect your return to be.

Bay Area real estate investment requires a different expectation than other part of the country. 

I imagine with the right buyer and a solid contract/expectations it is possible.My biggest issue would be the appraisal.

Assuming your numbers are correct the property is not good cash flow for a rental even using San Diego's low rent to value expectations.