I would look into turning that 120k into 4 or 5 more properties that cash flow an additional 2-2.5k a month, thats where you missing the boat. 

The dangers of both options are obvious, and who knows when, or if, we will get back to the cap rates we have seen in the past.Just my perspective but I have maintained my minimum return requirements while exploring some additional options. 

A master bedroom, 2 additional bedrooms, small room which we considered the nursery as it is situated off the master bedroom, and a full sized bathroom.The first floor was made into an apartment for my mother as she wanted to be secured from the roomers.

I packed in a bit more info,can you see any additional tweaks or maybe other suggestions?

A quality PM is CRUCIAL in preventing unnecessary losses at a property and can save you many headaches and unnecessary expense.

We have a new property under contract and are looking for additional likeminded investors to join us.

In addition to the state level Costa Hawkins repeal, there is also a local Rent Control amendment already likely to make the ballot in Sacramento.

Hey all,To protect yourself against lawsuits, do you follow any special rules or keep anything in mind when you are advertising your property, communicating with applicants and reviewing applications?Is there anything...

I'm planning to add an addition to my house and need a bit of rehabbing completed.

When considering financing options for MFH, in addition to looking at commercial loans, look into portfolio lending.