Would one have to potentially negotiate a renter out of their lease agreement? 

I am brand new to the real estate investing world and discovered this amazing community when I figured out I was wasting my full potential with my 9-5 w2 and knew I wanted more!

You might want to consider potential issues with the lender if rezoning occurs post-closing.

Consider what questions the potential mentor may ask and how you would answer.

.- Expansion: Using the saved capital to invest in another property can potentially double my investment opportunities, diversifying my portfolio and increasing my chances for additional income and appreciation.Negatives from an investor's perspective:- Cash Flow Concerns: The $500 monthly negative cash flow translates to $6,000 annually, a significant amount that needs to be managed carefully.

The city is one that’s consistently listed as a top 10 2024 real estate market, the projected cash flow is intriguing ($50,000 - 25% down payment, estimated $7500 annual cash flow), both units are leased until October and December (as a potential new landlord this gives me some security), but I feel hesitant with offering on a century old property.

However, I found a 15 unit portfolio for less than $4M that I can potentially assume at its current 5% interest rate.

For the long hold, San Diego I likely to have the better cash flow potential (assuming you do not consistently extract cash out of the properties).  

If you need any help running numbers or just talking through a potential deal, feel free to reach out!

Talk about potential clogs and garbage disposal misuse, stating when tenants are responsible.