Even without the cheap money and the cash flow, I always make the rental as sound and maintenance-free as possible before occupancy.

@June Broce We do a ton of Transactional Lending for wholesalers looking to double close, some investors who are doing seller finance deals or same day purchase and refinance into a DSCR loan.If you can assign the deal and save yourself some money, it's the better option but I 100% understand why someone also prefers to double close and secure their profits depending on the scenario.With that said, you can buy/sell the land SAME day for a legit double closing. 

However, there is a difference between just turning a profit and making enough money to get a decent return and justify the hassle and the risks.

By using a credit card I can provide a fast closing and actually save money on the property. 

If they have no cash your taking a huge risk on a ground up new build. and for that you would want to get a standby rate of interest like I do say 10% and I would charge 50% of the upside profit.. if they are putting cash into it..  3 to 4 points and 10 to 15% interest is market.and you give them money in draws as work is completed..

I won't be able to get my money out of it any other way.

We've been managing our properties for 2 years now and been doing a lot of the work ourselves to save money, such as yard maintenance, cleaning, unit flips, etc.

Plus, we have crazy inflation happening naturally due to all the money pumped into the system several years ago.Any there any other obvious reason for the increase in your opinion Henry?

Throw an LLC together with a few people with $1m each, and buy it, San Francisco isn't short of folks who got lucky with this or that IPO and have the money, most of those tech companies have an unofficial employee-maintained slack/discord channel where they talk about real estate stuff.

I've done a little exploration on the free AirDNA and it looks like there's potential to take in a significant amount of money from very modest sized properties.