Am planning to acquire more in same neighborhood and just wanted to know if my experience was the exception or the rule, going by the list @Chris Dawson published.

I would personally have a backup plan in place if the notes are called or anything goes south with the Mortgage companies.Feel free to reach out if you want to talk.

Thanks for you quick reply. i rally appreciate it .I am planning to amend my 2022 return , and that's why asking this question .

Once you own here and a few years go buy, you'll feel incredibly blessed to have your own property both in terms of cash flow and appreciation.There is a saying of owning real estate here:  "It's the bay area retirement plan". 

Have a clear plan.

Enough for a downpayment on a small multi-unit.I think I understand I can roll this capital to a SDIRA, but for a buy and hold plan I won't get depreciation if property is held in SDIRA.

I will be setting my goals on Monday with my coach so I can come up with a plan and take another action step. 

I am not sure which REIA you are planning on attending, but I have been a part of several and while most are great, some can be full of sales.

For me, the case manager was able to 'warn' the recipients that they will end up losing their voucher if they are not planning to pay the unpaid balance in backup rent or if they get evicted.

While it’s not full proof, some potentially “bad guests” would weed themselves out automatically for not wanting to answer those basics.