Otherwise, take your wholesaling profits and put them to work by owning income-producing properties and real estate-related businesses like self storage, residential assisted living, apartment complexes, etc.

And I hate the tiny hotel size bars.

This allows them to produce a better return on their purchase price than I can achieve.It is my view that San Diego is a tough market but OOS is a deceiving market that to do well requires going to true MF (>4 unit RE). 

There is a tiny bit of gain shown in the red arrow section, but I'm wondering if the full amount of dividend recapture is completed if there's any gain on the property, or if the gain on sale amount is dividend capture amount dollar for dollar.

Roughly 20k was invested into the entire facelift and now it is producing a high cash on cash return.

Greetings Fellow BPers,I have a few buy and holds and am in need of some advice on one that has nose dived. I have a condo that was cash flowing nicely up until about a few months ago ( $1250 Rent -$802.21 PITI & ...

The challenge is that the prices are so high now because they produce such great revenue.

If both properties produce positive cash flow (which you probably shouldn't buy unless they do), then your DTI should not be hurt by purchasing the condo.

So until you find something else that produces the results you need to keep the Money, Power and Control you need to keep hustling. 

I've always aspired to live in a tiny home, so this was about half way there at 550 sqft!