Would an FHA loan on a multifamily property be a smart move or is there a better way to go about it?

I am looking for a brokerage that is investor-friendly (having investor-minded agents, and a focused investor clientele), use more of modern marketing technology, provide training or mentoring for new agents, and have agents and brokers working in office to bounce ideas.

On average the city is appreciating 11% a year right now making it a smart investment in most areas.

Close to lots of retail, walking distance to coffee shops, new breweries, also large big box stores (Home depot, pet smart, gym, etc) and close to I-76. 

In addition do that during the renovation I am able to link a smart lock to the system to manage who is coming and going from the site by giving them a code to access the house and when they are done I can delete code and rearm the alarm, all from my office.  

Most of them can run it right through their smart phone.

I plan on holding onto this one even if we leave the bay area, but everyone's situation is differentSan Francisco and tech- technology isn't going anywhere.

I believe there are lots of opportunities with the interior but my whole point behind this discussion was that in the end, condos should be purchased in lesser prices as the profit margin is a bit thin, as many members have agreed.It's just that, you should be smart enough to make your move and a bit experienced too.

Just depends on the level of knowledge of a holdover tenant.If they know a similar property will rent for 1,200 a month and you are offering 1,200 to move now but they have a ton of trash to clean up,deposits,moving truck etc. then they will stay put.If the courts are backed up it could take 3 months to get out.They save 3,600 that way and leave you the trash.Again it all comes down to how smart the holdover tenant is and you won't know that until you approach them.Even if they agree to cash for keys I would still file eviction to keep the heat on them in case they change their mind.

It's all about smart buying, and exactly that point is why 80% of properties make horrible rental properties- the expenses don't get covered.