In other words, we acquired the building no money down and renovated it without any cash coming out of our pocket as well.We increased the rents of the vacant units and then took the risk by announcing the higher rents for those with expired leases.

I had a wholesaler try to sell me a great off market deal that was really a deal which sat on mls for 12 months and recently expired 😂

I'm sure that book is good, although it may be a bit out of date.

There's a provision in lease that it'll become month-to-month after it expires and if we do not renew the contract.

Am confused because according to the Texas property code section 52.006 Except as provided in subsection(b) a judgement lien continues for 10 years following date of recording, ECEPT if judgement becomes dormant during that period, the lien ceases to exist.It has already been 11 years since judgement was rendered, it has not been renewed.

., $54,167/unit)After Repair Value: $162,500Purchase Costs: $4,875Rehab Costs: $5,500Down Payment: $40,625Total Cash Needed: $51,000** Financing (Purchase) **Loan Type: AmortizingLoan Amount: $121,875Loan to Cost (LTC): 75%Loan to Value (LTV): 75%Loan Term: 30 YearsInterest Rate: 3.8%Monthly Payment: $568** Cash Flow (Monthly) **Rent: $2,550Vacancy: -$255 (10%)Expenses: -$1,157 (50.4%)NOI: $1,138 ($379/unit)Loan Payments: -$568Cash Flow: $570 ($190/unit)** Returns & Ratios (Year 1) **Cap Rate (Purchase Price): 8.4%Cap Rate (Market Value): 8.4%Cash on Cash Return: 13.4%Return on Equity: 14.3%Return on Investment: -12.7%Internal Rate of Return: -12.7%Rent to Value: 1.6%Gross Rent Multiplier: 5.31Equity Multiple: 0.87Break Even Ratio: 67.6%Debt Coverage Ratio: 2Debt Yield: 11.2%The only thing that worries me is that its an old and dated place. 

I know of one lender who was notified and didn’t file their claim so it basically invalidated the debt as they never did anything and statute of limitations expired

My taxable income does not exceed the limit around $200k. 1.Separate books and records are maintained to reflect income and expenses for each rental real estate enterprise;2.250 or more hours of rental services are performed per year with respect to the rental enterprise; and3.The taxpayer maintains contemporaneous records, including time reports, logs, or similar documents, regarding the following: (i) hours of all services performed; (ii) description of all services performed; (iii) dates on which such services were performed; and (iv) who performed the services.

How has the market in the Bay Area looked since 2018 (I haven't really kept up to date as much as before)?

Finding properties, research and development, talking to our realtor, family time, date night, doctor appointments, work shifts, oil changes,  EVERYTHING.