I’ve been looking into areas around SLO, and Cayucos sounds like a great spot — I’ll definitely check out those duplex opportunities.Totally agree on talking with a lender, CPA, and financial advisor first.

. - using Excel makes it too easy to forget things & there's not a check & balance to ensure you did capture everything at YE. 

I hadn’t thought about positioning my EV charging sales and project development background as an asset in CRE, but that makes sense and I’ll lean into that going forward.I’d love to check out any templates or book recommendations you have.

Check out this chart: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyMake sure you understand the Class of properties you are looking at and the corresponding results to expect.Metro Detroit has 132 cities, the City of Detroit 183 Neighborhoods, which we’re analyzing and classifying.Horror Stories:https://www.biggerpockets.com/forums/48/topics/1137397-baltimore-a-path-to-never-ending-painhttps://www.biggerpockets.com/forums/432/topics/1231840-sell-at-a-loss-or-rent-at-a-losshttps://www.biggerpockets.com/forums/311/topics/840134-memphis-turnkey-tenant-turnover-costshttps://www.biggerpockets.com/forums/963/topics/1195280-experience-of-oos-investing-in-cleveland-after-15-years

If you’re thinking generational or long-term wealth, hold.Risk tolerance: Some investors sleep better collecting smaller steady checks than chasing bigger but riskier returns.Discount vs. yield math: Sometimes it’s worth selling part of the note — you can even do a partial sale to pull some capital while still holding the tail end for cash flow.Personally, if it’s a clean, performing note with solid equity and no headaches, I’d hold it.

I'll re-word that "if you live an expensive location, e.g West Coast (California, Oregon, Washington) or East Coast (NYC, Boston, cities in NJ)" it's better to house hack or find something within driving distance (2 to 3 hours) where you can check on the properties.

To explore potential opportunities, check out our BiggerDeals page.

This thing is not a checking account.. 

These people do not want to lose their voucher.Use the Correct Legal Process for EvictionTurner’s rule: “Never threaten eviction — just follow the process.”Here’s how it generally works:Serve a formal notice to cure or quit (check Massachusetts law — typically a 7–14 day notice for lease violations).Clearly state the violation (“Smoking inside the unit in violation of lease section X”) and give a deadline to correct it.If the issue continues, file for eviction in Housing Court for repeated lease violations or nuisance behavior.Provide all documentation — warnings, air-quality report, photos, and any written responses.Section 8 will often back you up if they see that the tenant’s actions are impacting habitability for others in the property.

Do inspections, verify rents, look up the management and make sure the property checks the boxes.