Creative approaches can be very effective, especially when paired with good fundamentals and motivated sellers, rather than as a way to force marginal deals to work.Multifamily in Southern California is less about obvious cash flow and more about buying well.

I think the key question isn’t “is this a bad deal,” it’s what problem is this deal actually solving for you.If the equity is truly accessible (clear ownership structure, refi eligibility, and lender willingness), then this is effectively a leveraged option on future deals — not a cash-flow asset.

I have no interest in becoming massive, but I will solve almost all of these kinds of problems for a dozen PMs that would appreciate a cost-effective solution that is engineered and operated by someone other than a group of execs.

That is effectively Rent Controls. 

If you can get the property for a low price, you can offset the occupancy issue and boost the effective cap rate.

The clean exit demonstrated how effective same-day wholesale transactions can be when preparation and execution align.Lessons learned?

If the rent from tenants covers part of your mortgage, you’re effectively reducing your living costs while also building wealth that you can reinvest in the future, one of the key benefits of owning.From a tax perspective, make sure you take advantage of deductions on mortgage interest, property taxes, and rental-related expenses.

How do you learn most effectively?

I have my Baselane account linked to several different accounts (Capital One and PNC to name a few)- Cost-Effective: The best part of Baselane is that the platform is completely free! 

Even with bonus depreciation at 20% this year, a cost segregation study combined with 'material participation' remains one of the most effective ways to shield your active income.My advice: Don’t look for 'rentals,' look for 'hospitality assets.'