We're planning to sell within the next year and have noticed how much more the upgraded condos in our area (Communications Hill) seem to be selling for compared to the original units.I’m seeking advice from two camps before really looking into this idea though: people who are familiar with the bay area/San Jose market specifically, and people familiar with rehabs in general and what they do for property values.We bought the place for $604,000 and had it appraised again about a year ago for a refi at $640,000.

You need to be able to run comps efficiently and learn how to properly arrive at ARV's based on the exit strategy your buyers and the property type.  

They work with lying tenants being evicted every day.Don't loose sleep on this, But..............DO THS EVICTION IMMEDIATELY, AND DO NOT COMMUNICATE WITH THE TENANT......the attorney will. 

So you have to be able to communicate and hopefully prove that you're a real investor who will buy properties that they will get repeat business from. 

the faster and more cost efficient you can make a process, the happier your owners will be- discuss maintenance budgets with the owner- since you are working with short term rentals, include in the lease proper verbiage about things like early termination, turnover processes, deposits and utility transfers

It's just the constant moving that makes it impossible for all elements of the industry to catch up on efficiently.

I know this isn't as efficient as owning property like a duplex or triplex.

And on top of that, it'll teach me how to communicate and sell effectively.

We believe if a person(s) become efficient at intelligently using OPM and OPR the rewards will be greater and faster than most people can fund using only their individual "employee income".

It seems that since I have good credit and can afford the 10% down it would be easier/more cost efficient in the long run to go with a conventional loan?