@Pete Budagher- listening to the podcasts is a great way to be exposed to different ways of investing in real estate, and can help you notice which strategy/niche you gravitate to.For example, after listening to many podcasts, reading a lot of books, I noticed that multi-family investing was my 'thing' and I now spend a lot of time on that (networking, learning, etc.).

Hey @Randall Prosise I would increase your Liability to 1mil.

Money makes money and, contrary to the myths,  starting with nothing usually gets you no where.

And would it increase financing difficulty as lender would probably prefer general deed instead as wellTIA for sharing your knowledge/experience on this

Is there room to increase the rent?

But that's for another blog.Thus it's important to run numbers conservatively with built in saftey for when the people move into the brand new A-class buildings increasing our "old" asetts' vacancy for a while only to pick up all the A-class peeps again, once they realize they can't afford those rents anymore, which will in turn have an effect on all rents. 

If you're looking at 5+ units, you want to compare across cap rates (NOI / purchase price) and opportunities to add value, increase rents, and decrease expenses. 

Affordable Housing Incentives - The city of Oakland will reduce set back requirements to build on a lot, and actually increased the number of permitted units above the zoning limits if you build a certain % of affordable housing units into the building, and commit to keeping the rental units in a program like section 8 for 55 years ( see here).

He will have strong rental cashflow and substantial equity gain from the forced appreciation as well as neighborhood growth and increased demand.

Happy to offer advice/ share experiences as well as looking to broaden my own knowledge base and increase my portfolio. looking foreword to making new connections and possibly even a deal or two.