I would like to see if it is possible to scale using only conventional financing, and home equity loans, in order to maximize self-sufficiency with respect to financing. 

The monthly carrying cost is $260 less for TH(HOA included in calculation).3. 

In this example, I didn’t include any CapEx costs and the loan is 75% of the value.LTCWith a LTC structure, the lender is willing to lend funds as a percentage of the underlying asset’s purchase price plus renovation/repair costs (project cost).LTC financing is generally viewed as favorable for the borrower albeit, riskier, due to higher leverage, less debt service coverage, and renovation risk in the form of underbudgeting.LTC = Loan Amount / Project CostsMost often, lenders are willing to offer LTC terms structured as a bridge loans.

Most applicants never responded or responded that rent was too much...that they were looking at $500 - $800 a month everything included. 

Purchase price: $850,000 Cash invested: $3,200,000 Want to see what buying an old abandoned grocery store for $850k, and converting it to a Class A climate controlled self storage facility wirth $13.5 million looks like?

Once it's approved, a sheriff will serve the eviction notice to the tenant, and the paperwork will include the date and details for the eviction proceedings.If you prefer to use a professional eviction service feel free to DM me for a few references. 

May be with self manage on duplex can also help you save 6-8% more. 

So Erik has some great real world advice.Remember that you can pick a better area in other parts of the country and still self manage.Your idea of a 4 bedroom house is good as that will generate more revenue than a smaller property and appeal to more people.

Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!

Better to lose nearly $10k in rent (~50% of 90 day rent value) than get a risky tenant.Especially if you self manage, make sure you understand the protections provided mid term renters in CA.Good luck