@Alexander Szikla What I wouldn't give to turn back time and make different financial decisions for myself as a young adult.

How can I run comps in a non-disclosure state without having to rely on an agent to do so for me? 

To be conservative I would rather assume it will not go perfectly as planned and I may end up taking some time before I can get everything sorted.In summary, do any of you know of options which I can get financing for an apartment which leaves a wide margin for error and relies mostly on my personal ability to repay the loan?

The first few times through it may not be 100% smooth and until I have the materials process on auto-pilot I will likely leverage the contractors for materials recommendations, but I like the idea of eliminating any question about the materials cost or relying on contractors to supply to materials in a timely manner. 

Hi @Ari Hadar, this is certainly a path to profit in real estate, but I would highly recommend that you make sure that it aligns with your total values and goals for investing.This approach relies on investors (almost exclusively out of state and out of country) paying MORE THAN A HOME IS WORTH based on the rents. 

At some point, Ma and Pa land lord's who rely on rentals for income will have to ask themselves, "Do I take a chance at jail and a fine, or do I starve at the hands of the legal system?"

(I dont support folks using the Covid laws unless they have lost income, just pointing out the similarity)ETA: rental tenants usually are younger families so it makes sense they are wanting to buy and move up the economic/adult ladder... 

We did not want to rely on our guests not unplugging the hub. 

The art is getting a group of adults that can get along with each other.

Because, most of the properties I see produce negative cash flow when allocating 5% for Capex, maintenance, vacancy and 10% for property management.Is it okay to have negative cash flow and relying on much better gains with appreciation and rent increase of San Diego market?