@George Yeghiazaryan welcome to BP and thanks for sharing your story, sounds like we have some similarities :)Come out to one of the meetups in Sacramento, or we can just meet for coffee, I always enjoy meeting local BPers 

There are some really good meet ups you can attend and some great experienced investors that would be more than happy to meet with you and discuss.

My current work schedule makes attending local meet ups difficult but I would like to use vacation time to attend at least 2 meetups by the end of the semester.

@Matt WoodburyWhat matters is if the property has positive cash flow and a positive cash on cash ROI that meets your investing goals.Having a little extra equity at closing is great, but it isn't a real decision maker if the property has negative cash flow.

I don't meet the net worth requirement or liquidity.

I did meet a wholesaler at a house that he had listed on Zillow and he of course had it contracted about 80k too high.  

I agree with bringing in a partner, I’m going to a REIA meeting tomorrow.  

Christopher Rodriguez Yea, message me and we can meet one day.No problem at all.

Pleasure to meet you.

But all that to say...if you meet the qualifications it can be a really solid option depending on your situation.