Marie P. is probably thinking about the property strictly as an investment....while I am interpreting as a retail purchase of something you may want to live in.  

I haven't done this and I'm not in a position to do this soon, but recently met a portfolio lender and that's what I took away from it.I'm not much help but just wanted to throw out there what I interpreted.

(and How to Handle Trolls) (howtogeek.com)Some of the key signs of trolling per the article:- Off-topic remarks- Dismissive, condescending toneI'll assume, Bruce, that you didn't know your two comments here can be interpreted as trolling behavior. 

I have been surprised at how much "interpretation" differs between magistrates and local courts.

I also don’t know how the heck you would interpret Joe as insulting you when you didn’t even contribute until after his comment?

I interpret that as: If you get to the point where your income stream makes you feel secure, relative to your debt/risk level, you have "won"  And as others have stated, that finish line is different for everyone.

If you are new to analyzing & interpreting real estate values, it maybe worth working with a Realtor or seasoned investor who is an expert in an area you're interested in.

If I'm interpreting you right, it sounds like you're saying the GRMs in San Diego are too high for you right now.

The IRS wants you to ignore cash distributions and use K-1s instead.How we would've agreed to interpret those K-1sYear 1: $10k loss = $10,000 deductionYear 2: $20k loss = $20,000 deductionYear 3: $5k loss = $5,000 deductionYear 4: $150k section 1231 gain = $150k long-term capital gain at 15%First, it's fair. $35k total deductions offset by a $150k gain results in a $115k net gain - the same gain that we calculated based on cash.

Account Closed the first time I read your post I was honestly too angry to interpret the content.