Based on the yield curve and the overall rate environment there can be pretty big differences. 

If you simply disclose, act fairly and ethically and follow the rules, regulations and laws you just won't have a problem.I do wish Jason had not referred to his split commissions as "kick-backs" which can be illegal in RE without a license of disclosure, this splitting of commissions for leads is common practice and is an ethical practice, many make their money soley in that manner as they learn or decide they can't list or sell but they can fish like crazy.

There are plenty of fish in the sea!

You'll have to learn marketing along the way, figure out what works for you in the current environment, and adjust as things evolve. 

You need some bait, or the fish swim right by. 

A bit off topic -- but how do car-washes do in recessionary economic environments? 

Although with many markets tightening the environment has changed somewhat and seems to continue to change as I write, the last three years have provided extraordinary returns on quality flips in the Bay Area (I have no reason to think it has been much different in San Diego). 

thanks for any info DSCR Loans typical minimum is 20% (with 15% in some cases, but hard to cash flow in this rate environment at 15% down)

Maybe think about selling it and buying another place --on the water--with a dock and a boat launch, plus a new speed boat.Lots of new experiences, water ski-ing, fishing, hiking a new area, etc..Buy small, with big land and add on to it every 3 or 4 years.Some extra bedrooms, a bigger patio, a hot tub.Have contractors do the work when you are not living there--so its ready to go when you arrive.Invite everyone in the family to take vacation at the same time and stay there all together (collect some $$$ to cover their food costs if that bites your wallet too hard).Have an adequate well and septic field to handle a lot of people.Just my 2 cents.

He has the choice of not living in these environments and also leaving the current property... but are there any options for affordable housing that are regulated and safe?