Not that everyone has the same goals, some might be willing to accept close to even or no return or are confident they can keep the maintenance and capital investment #s low... as long as they're going to get that long term equity pay down... rental market will always be strong here.I did just notice an a 1%ish rule in a foreclosed andover small multi family, but with as-is foreclosed not always being so straight forward there's more work with the condition of the property, getting the prior-owner out if they're still occupying, and possible surprise liens.

The drivers for the economic downturn in the last decade don't seem to be repeating this time around.If there was a "correction" in Bay Area real estate, I would not be surprised if there was double digit decline. 

I'm surprised this would be the only lie, howeer I don't think you can kick them out for this.

To my surprise it was not that bad and just needed cosmetic upgrading to make it stand out.  

If that doesn't hold true, I will be better off, but if it does hold true, I won't be surprised.

They can usually break in pretty quickly (seriously, you'd be surprised).Don't try to break in yourself or it could make things worse.

hey @Cody Kauzlarich,I like the plan, but I'd be very surprised if you can get a HELOC on the duplex.  

This will help lessen surprises. 

Hey Mel, I don’t have a crystal ball, but future appreciation of 3-6% would not surprise me at all given high demand and the influx of people and businesses to the Raleigh/Durham area.

To your surprise and your partners complete frustration, your offer is accepted, and your partner is like, "Where's the money going to come from," because, sure we have emergency reserves, but this is like six-figures of cash, but it just so happens that we have the cash in our HELOC because it's not been repaid to the lenders from the current house we're live-in-flipping, so what the heck, thread the needle, and then you go to a local credit union you heard about from a guy in the community named Wyatt—thank you so much, Wyatt—and you get the property refinanced for $209,500, leaving in 25%, meaning you purchased the home for -$3,000.