Brian, I think your answer is trying to help pinpoint whether this will cash flow or not, but what I'm really looking for is properties or agents that work in the multi-residential arena. Walnut Creek would be a fine choice, preferably downtown and west.

Hi Geoff -

This is a bit of a tough question to answer because there are some important unknowns that will factor into how close you can come to cash flowing. For example, how much can you put down and what interest rate can you get on your loan? Will you be finding the other tenant(s) or having someone else do it? Will you be managing the property or will you hire this out? Are the units part of an HOA? Etc...

If you'd like help with your search in the Walnut Creek area, let me know; otherwise, I wish you the best of luck!

- Brian