I waited for the deal to hit the market and the price to naturally drop since it was very evidently overpriced.Once I came back to the deal, I negotiated a new power panel to be installed, to upgrade to 200 amp service, and then I offered to take the property, as-is, given the price was dropped down to $150k from $160k, so I had a little more room for error on learning with this property.

I waited for the deal to hit the market and the price to drop since it was very overpriced.Once I came back to the deal, I negotiated a new power panel to be installed, to upgrade to 200 amp service, and then offered to take the property, as-is, given the price was dropped down to $150k from $160k, so I had a more room for error with this property.

If each unit doesn't have a separate electrical panel, the odds of being able to split are not good.You can do RUBS, but then you are dealing with variable bills each month and trying to collect utilities separate from rent.

Rents were flat in San Diego for 2020.  

I have only had mice occasionally but in the past 2 weeks, I trapped a flying squirrel that got into a relatively new construction cabin cause the builder put the wrong vent panel on one of the bathroom exhaust vents.

That they're made of extrudable concrete instead of wood panels is really immaterial.

The silicon wafers do degrade slightly over time, less than .5% with quality panels, up to 1%/yr. for the lowest quality panels.

Anchorage Sewer and Wastewater offers flat rates on 1, 2 and 3 unit buildings ($186/mo for duplex and $280ish for a triplex) but on the 4 plex and up it's a metered water supply that gets billed on a per gallon basis.

I am currently going through the BRRRR process for a 2-flat.

On the 3 flat,  I think our bigger down payment and financing plan helped the seller feel like we were most likely to close vs others who had FHA financing.