I'd try and stick with by the room as long as you can handle managing it otherwise you'll drive that cash flow down even further if you've moved out.I think 10% for Repairs and CapEx on a home that's 130 years old is definitely on the low side for my comfort level.

If you are referring to foreclosure auctions, that´s a different level of risk and you need to verify that it is a first position mortgage (they usually are) and set aside contingencies for other liens you might find (referenced by @Chad Urbshott). 

And I had a title claim in Indy with a small company that missed a city code enforcement that required the house to be leveled LOL. they paid that one out.. be grudgingly though.I agree with your assessment..

Buying in SF is a bet that a) "jumbo" loans will return to 2019-levels of availability and b) working from home is going to largely go away once the economy re-opens.For b, your guess is as good as mine.For a, you can track the general ease of availability of jumbo loans at the following link.

@Michael BaumThe coverages levels and deductibles are very similar.

In an attempt to level out the situation the unintended consequences are going to to be catastrophic.  

The home is a 3 story house with a large separate two-story garage behind it, the garage has a two-bedroom apartment on the top level.

The level of work is different.

Requesting Referrals for an Investor friendly insurance agent in the Baltimore City, Maryland area for a Commercial Liability Umbrella Policy (CLUP).Current portfolio: 8 RentalsBRRRR investor - another question is how the properties (or level of difficulty) will be added/removed to the Umbrella as the properties go in my personal name and then refinanced into the LLC.Bonus question - If refinanced to an LLC, do I still need an umbrella?

High-end finishes throughout, 2 car garage on a huge lot/backyard, large 2nd story loft area, 1st level front porch, 2nd level deck off master and a large deck off the back of the house.