Purchase price: $588,000 Cash invested: $8,000 1988 build duplex What made you interested in investing in this type of deal?

I don't have much cash and my credit is not the best.

Possibly we could invest for appreciation only if it's close to breakeven with not too much negative cash flow and the upside appreciation is very promising.

Just my 2 cents...feel like HELOCs and other ways to cash in on crazy equity is resulting in a lot of these cash transactions though.

I don't think it is worth trying to sell half done as you will have a limited pool of buyers.

With their new lower management fee, it was worth us to go through them, and they will provide legal assistance if theCity starts causing headaches. 

Loan rates on the ReFi have prohibited us from building a bunch more 3-4 unit properties recently, just kills the CF of the deal, but going all-cash on the purchase & construction still pencils. 

That way, if you find a deal like this, you can keep your cash capital-gains-free? 

Most sellers are not looking for a chunk of cash they are looking to solve a problem.If I was starting today I would be going directly to these owners who have listed their properties and have conversations.

I'm not sure if it's worth it to convert they downstairs to an ADU so I could get another renter - the city of S.F. would probably call it a 2 unit not a SFH and I'd be under rent control.