Note: the basement floor is poured concrete, and is uneven in places, where it seems like the soil underneath has washed away and caused the floor to settle in some areas (not a huge concern at this point).I've had a number of contractors and waterproofing companies evaluate the situation and suggest anything from interior water proofing and wall repair (I-beams or carbon fiber straps), to exterior waterproofing and rebuilding the foundation wall.From my research, it doesn't seem that interior waterproofing will solve the problem, and the I-beams are only a temporary fix vs. rebuilding the wall and exterior waterproof.

Good luck and try to make it a very Merry Christmas and a Happy, Healthy and Prosperous 2016!

I have full mobility of my body and health, I dont have many responsibilities like kids, wife, employees etc.

The purpose of this ordinance is to remove barriers for our constituents to access rental housing, to ensure people are living in safe and healthy conditions and to address rising concerns about displacement.

You will want to make sure the rest of your DTI picture stays healthy though (ie as low as possible).

They feel they should be provided with free housing or whatever but to me they have less than healthy attitudes of paying their way. taking good care of your property, and taking care of their credit if they even have any.

If the site is unimproved and never been built on before, you may ask a couple survey guys to look at it if you aren't sure how good the soils are in that area.

Next downcycle, I'll stop investing in the midwest and scale upwards here in San Diego.Lots of different options but make sure you earn some good money and build healthy financial habits first to start REI on solid ground.

Finally, for BRRRR to work, I'd have to be at 80% LTV or less after repairs for a bank to refi, which means I'd still need to have a healthy margin of cash to take out, so you're looking at like 60% LTV after repairs to get decent cash back out.

I want a healthy backstop from rents to provide passive income.We are currently having frustrating discussions with a seller (whose mother lives in 1 unit) over a 2-plex in Everett for $522k which needs ~$30k in repairs.