I think that just changed recently with the new zoning because there are a lot of existing duplexes and multi families in the neighborhood.

Don't buy in the roughest neighborhood in the urban core.

anything multifamily and 10 cap is getting difficult outside of terrible neighborhoods. 

. $45,000 of the average person's gross pay.Facts are, unless a realtor is walking neighborhoods, knocking on doors to find a seller, the agent that is most likely to sell a property in the Buyer's Agent and they're all looking at the same menu of homes that thousands of realtors and consumers access directly of indirectly.  

Profit, 1031 exchange into a larger deal.The reason for this price is I am shopping on what I can put down for a down-payment WITH a partner. 

We found out when we were shopping for mortgages last spring that certain lenders don't factor in small collections under a certain dollar amount (which I've since forgotten. 

I am also in a C+ neighborhood so doing a total update wasn't necessary.

Takes less cash up front and lets you spread your risk between several neighborhoods.

In the very back portion of the yard, there was more water that drained from part of the neighborhood into our back yard.

I see new houses like this here in the Bay Area in up and coming neighborhoods where houses are barely 1M.