The reason the borrower has to bring in 25%+ down is because they are bringing 25% of the banks value plus the difference in cash up to the agreed upon contract price between seller and buyer.Investing in OC for multi-family will be difficult unless because of the disparity between the mortgage constant and the cap rate.The typical mortgage constant (MC) is around 6% annual based on the loan amount when the average cap rate is 3.5-4.75%.

Real estate license reciprocity agreements vary widely from state to state.

I know this might set off a fire storm with those that do home inspections but what you get varies widely in terms of quality. 

He helps clients with a wide variety of income streams, and he saves them so much money.You can find him on Facebook or on Google.

Thanks much San Diego does not have a local rent control so the rent control is the state wide rent control from AB1482.AB1482 applies to multifamily units that are over 14 years old. 

Quote from @Reya Ripet: The world will end some day; it won't be next year and it won't be due to Florida creating a law to register rentals.I haven't heard of anything regarding a state-wide requirement, but maybe it's true.

I look at: rent multipier - allows a comparison of disparate properties, regardless of asset class, finance,location.Cap rate - using current market and original purchase priceNOI - How much money do I have left at the end of the month Alternate finance options - refi?

  -  First, cap rates could range very widely here in Hampton roads depending on factors such as the neighborhood, physical condition, value add potential, and quality of the tenants. 

Estimates are going to vary widely.

There are a wide array of different loan programs out there and depending on your specific scenario, some programs would make more sense for you than others.