Some markets can have a large numbers of new build, A type communities that would create over supply in that space. that situation could affect the rental pricing between A and B type. while C type will keep servicing the Blue Collar demographic. 

Personally, I would create an amortization table and figure out at what interest rates and amortization periods you can handle the debt service.

If I proceed I will probably create a thread for it as their are many items that make it interesting.We may even have a San Diego BP open house which there have not been one in many months.

Code Section 40-10-74 says: If the mortgage or other instrument creating a lien under which a party seeks to redeem is duly recorded at the time of said tax sale, the said party shall, in addition to the time in this title specified, have the right to redeem said real estate sold, or any portion thereof covered by his mortgage or lien, at any time within one year from the date of written notice from the purchaser of his purchase of said lands at tax sale, served upon such party, and notice served upon either the original mortgagees or lienholders or their transferee of record, or their heirs, personal representatives or assigns shall be sufficient notice.

Sometimes all you need to do is have an architect create drawings of the non-permitted structure and submit them to the city.

If I've created a nice, modern rehab with an enormous, rusty relic outside HVAC unit that will turn off buyers, I replace it. 

Yes, you probably could create a wraparound mortgage containing your existing mortgage within it.You might have to comply with the regulations of the Dodd-Frank Act.

I would like to send a big thank you to Josh Dorkin for creating BP and to Brandon Turner and the rest of the team for packing BP full of value!

My goal is to control and hold to create cash flow. 

My main goal from this endeavor was to keep an invaluable asset (the house and land) in the family to create trans-generational wealth for my family.