Got this one from just hanging out at the cigar shop. :)

@Tom O'RourkeYou could get in touch with a mortgage broker and they could shop for a loan for you.

Otherwise, you're just going shopping without your wallet.

Very convenient location, close to shopping, restaurants, Vista Village, schools, parks, beach an What made you interested in investing in this type of deal?

Just food for thought as I always see people mention 1031 exchanges on here and in podcast but rarely have ever heard anyone mention anything about the Reverse 1031 exchange.To me that seems much less stressful honestly as the REIT I work for did at least 2 in 2018 with our shopping centers and plan on doing many more.Instead of selling your property and having to rush into throwing into another with a reverse 1031 exchange you first purchase the property you desire and then you can sell your property to cover it.Obviously there is more rules and regulations than this but that is the simplest way to explain it and gives you something to look into.  

@Brad Penley, you could sell that property, buy 2-3 condos in along coastal SD, rent them out on AirBnB, double to triple the net cash flow, and continue to enjoy SD’s phenomenal appreciation.I would never shop my money OOS, you live in one of the best appreciation markets in the country.

(Add Drama for flair and effect) Make it sound like this is the last moment before agents show up and throw their belongings into a shopping cart forcing them into a life of living in a van down by the river!

I’m interested in it because all of the ground floor is occupied with below market rents by a print shop, sign shop and laundromat with 17 washers & 18 dryers (which is owned by the building owner).

I have shopped around and have not had found better rates.

With what I want to do, I would be owner occupying the main house, fixing it up, and then utilizing the existing dwelling 5-10 years from now for a bakery/coffee shop.