I would imagine that due to the increasing (my opinion) competition among RE agents in JC it may lower the overall fee that's usually charged..

But, outside of having potentially lower closing costs, think about if it is worth it when compared to getting convention financing for 10 properties.

But with a SFR, I like to use a bit higher than 5%.With you doing a big update, in the short term you maintenance and capex might be a lot lower.

Rents are lower than a 2 or 3 bedroom, so easier to handle.

I make good money as a registered nurse so while I could afford to carrying the mortgage of a SFH, it is much more appealing to have lower monthly expenses with renters sharing the cost of a mortgage while I continue to pay down the mountain of federal student loan debt I have. 

They'll go up to 90% LTV but I'm capping out at lower than what that amount will be because the highest DTI they'll do is 50%.  

If you go with fannie or freddie multi family product, a lot of the time the lender deposits can run you $10k or more.You can negotiate a lot lower than 10% management on a deal that size. 

Also for future info kitchen floors are always finished before installing lower cabinets.

@Samuel PawlitzkiTarzana is growing at a faster rate but still a lower priced neighborhood than Woodland Hills. 

On Noth Limestone, I would aim for Loudon Ave and between the “numbered” streets like 7th, 6th, 5th and lower.