The apartment I live before it was built was commercial offices the office building was bought for 5M then it was demolished and a A class 89 unit luxury apartment complex was built for 20M a year later the property is stabilized and fully occupied with it is worth 35M could be sold for a profit of 10M minus selling costs. 10M profit in 3 years not including the cash flow made for a year which is around 2-3M a year.

I would sell the cheap ac units that I bought on Craigslist and go out to Luxury home appliance and buy the best remote control LG units for each of my rooms.

The average price per square foot for this same period rose to $384, up from $379But of course there are extremely luxurious neighborhoods or pockets within Tarzana but from a purely personal perspective Woodland Hills is more desirable based on the layout.  

A second for new flooring...luxury vinyl planks. 

The house itself isn't all that great, it's 3 thousand square feet, but nowhere near as luxurious as the rest of the homes in this neighborhood in terms of design; and I'm getting this for $1,250,000. 

You're propoal to at 600 Sqft with 40k seems like an act of desperation, not one based in confidence and the luxury of lots of time.

The only segment I believe we are close to supply meeting demand is the 5 star luxury department market in downtown Milwaukee.

Most corrections in SF happen cyclically or seasonally - particularly for the luxury market (above $2.5m).

@Brandon Swartwood if you are setting up the deal you do not have to meet the accredited investor status to put your own funds into the deal by virtue of being an issuer.

At this stage, some more patience might still be a virtue.