@Don Konipol thanks, I currently work with a real estate attorney to do the initial title search of parties with interest in the property but don't believe she dug into the CC&R from the 90s.

I currently work as a Spanish interpreter and earn about $27K/year, so I’m starting from the ground up—but I’m committed.

"In its request for the Department of Housing and Urban Development (HUD), the White House called the current system of federal rental assistance "dysfunctional" and proposed essentially ending Section 8 and other housing voucher programs.

Just not the one i'm currently looking at.

Like most current residential RE holds, cash flow is initially modest or negative, so this large initial negative equity position will take many years to recover.Here is a list of why adding a single ADU in single family zoned areas in my CA market is typically a poor RE investment (some of these will not apply in Reno, but is does appear Reno is NOT allowing STR of ADUs):1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.

Some things have shortcuts, but developing relationships isn't one of them.

Numbers work with AirDNA data & general expense ratio from our current properties.

I question if the various development issues in south poway are impacting your sales.  

This deal was presented to us through a developer friend How did you finance this deal?

Any rules of thumb you’ve developed around when to hold vs. flip vs. entitle?