I've been seriously looking into it (for investor clients) and I hear varying opinions.

My clients that are buying class A right now are targeting 5 plus caps with a 5 to 7 year horizon with rent growth and cost savings to blend to a 7 plus cap rate.These are 30,40,50 million dollar type properties bought by family offices.

I have verbally told my clients the information but I think I will use your list (with attribution) :):)My short verbal spiel would be 1) handy owner occupants don't need to cash flow or make money / profit and 2nd will you have a dumpster onsite the day of closing with day labor for the demo, know EXACTLY which electrician, plumber, flooring, cabinet guy, sheetrocker.....that you will use and when will they start, the PART NUMBERS for the cabinets, flooring, paint colors, doors, light fixtures.....

Check out client look and see if that works or not.

To quote Abraham Lincoln "He who represents himself has a fool for a client"

Also keep in mind that they are incentivized to sell the property at the highest price achievable for their client.

Through my own research of the insurance code, I have found that as a broker I need to give my client the Standard Broker Fee Agreement and Standard Broker Disclosure along with the applicable insurance pamphlets.

We are both super interested in realestate and believe house hacking to be the first best step to building a portfolio.We recently found a unique property.

We're wondering if anyone knows an architect who's familiar with the process who can help walk us through the permitting process (we've done extensive renovations in the past, but never in this county).Also, would love to hear any pearls of wisdom from anyone who's renovated in SF (including working through the permitting process, anything you wish you knew before you started, regulations that are unique to SF, etc.)  

@Michele G.While I recommend NKY properties to my clients there is a lot of activity there and deals are harder to come by due to the smaller footprint compared to just north of the border in Cincinnati.