The purchase price is too high.

I am okay to leave some money in the deal considering it is a competitive market with a high house price.

ANR and occupancy rates peak during this time.March - Continuing the high season trend, March witnesses an influx of snowbirds, spring breakers, and various conferences and events, making it the best month of the year.April - Maintaining the high season, April sees a slight slowdown as spring breakers decrease.

I'm at a turn in my career where having 100+ units isn't sexy on top of that I like restoring communities by removing blight and offering employment opportunities and strategically in LMI areas that just have a stupid dogmatic mindset by the greater population that it's not an "ideal" area (i.e.

I know high level how it works, but not sure how to get started.

Profile:Investor owned LLC -LLC owns 5-6 properties-Investor normally takes every legal write possible so LLC DTI is high-LLC normally has an annual paper loss wInvestor Personally- Investor owns 2-3 properties not in the LLC-Equity in property 1 is over 70% and equity in others are around 50%-Investors personal DTI is around 15-18%Based on what you see above, the investor would like to tap into the equity in one of the above personal properties. 

This is common in San Diego and as you were able to conclude the initial cash flow at high LTV will be big negative. 

We did a full gut remodel on this house which drove the cost pretty high.

In relationship to the house prices that are very high(west coast, NE, southwest FL) the upper limit has no ceiling so the floor is going to be appropriately higher anywhere else. 

Please keep in touch if you pursue wholesaling.The demand is so high, and rent to values are creeping up in many of the areas with great school districts, and thus cash-flow is hard to come by, especially if one wants/needs property management.