Hey Deepak,Another Bay Area investor here but am in Stockton and Sacramento almost every weekend managing rehabs of assets in our current portfolio and sniffing out new deals, typically MF 15-60 unit range.Downtown/Midtown is hot and price per unit is nuts..$250k+/unit for more stabilized properties. 

In any event, if your goal is commercial financing, then the extra unit is not required.

@Brittany King I just finished listening to this BiggerPockets episode for the second time because it was just that good.It talks about the G.P.S.A method:*GOAL*PLAN*SCHEDULE*ACCOUNTABILITYIn this episode from @Brandon Turner and @David Greene one tiny bit of information was:If you write down your goals you are 33% more likely to achieve them.

My last three DC rental properties have met the 1% rule and the cash flow and appreciation have been amazing and I didn't have to leave the area to achieve it!

Find a realtor who can educate you about your market and help you understand how to achieve your goals and write solid offers without just throwing them against a wall to see what sticks.

Our site is somewhat walkable, though certainly nowhere close to the walkability score achieved within Mueller.

The PE world is usually high risk and if you are comfortable with that you can achieve high returns but also get burnt.

@Bjorn AhlbladThe roof is in good shape and each unit has a separate water and electricity meter.Each unit is 2/1 and there is hook up for washer drier but the actual washer drier is not provided.

CA RE has historically achieved outstanding cash flow.Actual cash flow is the cash flow over the hold period.  

I've had a tough time filling a vacancy since September 1st after I had renovated the unit; I pulled up the carpet to put down vinyl flooring, re-painted, and added stainless steel appliances.