My friend whom I consulted with when I started, have houses in San Antonio, TX when his tenants didn't move for eight and ten years.I cannot advise you on Multi-family since I don't own any but for me, it doesn't really matter of you own three houses that cost $100,000 each or a triplex that cost $300,000. 66% of occupancy would be the same for that triplex or those three houses combine...

If it is inside San Francisco, it will probably turn around quickly and might be worth some serious risk.

I hope to learn from this forum how to become a wholesaler. Need your help. :D

I wish the poster luck with this advice :roll: To the poster: I would look at SONGS if your near San Clemente

Hey you guys,I've been out kinda spreading the word that I am transitioning to wholesale investing and someone sent me this:A deal in San Antonio, Tx, selling for 106k, valued at 148k. needs about $2500 in work.

We live in San Diego, and the prices here are super high...

If you want to see a great video with actual footage of a trustee sale in San Diego and commentary on what happens and a sale and what you should be listening for if you intend to bid go to http://www.foreclosuretruth.com/blog/sean/video-foreclosure-auction-guide/ 

(sans mineral rights).

Margins seem to be pretty tight, but I know a couple groups consistently making money.Here are some of them that blog:http://gabhartinvestments.com/ http://tomtarrant.com/Bill Tan's club has a forum with active investors down there:http://sdcia.websitetoolbox.com/North San Diego has another group that is good.http://www.nsdrei.org/

Yes, this is my intro party :D I live in San Jose only because I work here.