Make sure it is pressure treated wood, and properly secured into the brick. 

This is Not a “figure it out as you go” project......many times the short sale is doomed when the purchase contract is signed, not considering all the proper factors that a first timer would never have heard of. 

ESPECIALLY in the Millions.... you MUST do an IRR and take EVERY Future Cash Flow into Account.I know that some readers will just be biased against the IRR, they will still be the horse that I bring to the Water but just refuse to drink.I say that if you are serious about expanding your portfolio, becoming that multi-millionaire (or billionaire), then do it from the very smallest to the largest investment as you grow.Caleb, if you are having difficulty with my posts and these spreadsheets above, you are welcome to go to your friend who understands the importance of the IRR.

The BRRRR method can be extremely versatile if executed properly.

@Noah Levenson  Hi Noah, expand your search to towns just outside the Bay Area and you might find your investing dollars will go further and will allow you to achieve your goals.  

Expanding your portfolio will take some time, I'd be patient as your main goal of cash flowing is attainable and you sound to be on a good start.

Keep researching, reading and expanding your network and you'll be well on your way.

Finished product is to be a properly rehabbed standard SFR and marketed as such.Thanks in advance for any insight and lessons learned!

You just have to plan properly in your underwriting.

That said, you still need to go through the proper procedures to remove the tenant.