It is a long one. I would be happy to answer your questions. If I cannot answer a couple I will refer you to someone that has more knowledge than I. Those you could write on a piece of confetti. When speaking of non-conforming, jumbo, super jumbo and commercial loans.
Please see my website first. That should answer several. Then contact me. ... Happy funding- Rudi
You set some interesting goals for yourself. If you're using financing, it's a good bet that the lender will want to know if the units are rented, the history, etc. I would think in a place like San Francisco, the occupancy history is a very important question. If the unit occupancy is not comparable to buildings in the area, I would want to know why if I were a lender.
Just an aside: I would get to know the wonderful town you're buying in. Walk the neighborhoods and learn the transportation systems. It is a delicious assignment because San Francisco has all those shops, restaurants and stores. A street-level perspective can help you understand your tenant better. I would take notes. I would definitely address my own needs. You don't want something too far out of the way with respect to your job. Commuting in San Francisco can be quite an adventure.
Keep asking questions.
The next step is to hire a good local Realtor and start learning about all the neighborhood and lifestyles that SF offers. There is too much to explain here on this forum. Your Realtor can also help put you in touch with knowledgeable lending professionals experienced with multi-family property loans in SF.
Here are links for reliable Multi-family property search:
Up to $2M: http://www.mlsfinder.com/ca_sfar/oggikashi/index.cfm?action=
Short Sales: http://www.mlsfinder.com/ca_sfar/oggikashi/index.cfm?action=
Broker Associate, Paragon Real Estate Group CA DRE 01844627
All data from sources deemed reliable but subject to errors and omissions, and not warranted.