I will be re-listening to this episode multiple times as I start taking the first steps on this journey.

Usually people just want to break even so they can use it for free multiple times per year.

I am new to the forum and looking to get involved. 

Plus the seller's agent has to tell other buyers "We have multiple offers" and if they say, "oh really, full price?"

And I agree that if I were doing this multiple times that it may look suspicious.

I am a relatively seasoned real estate professional with experience as a broker, property manager, investor, syndicator, attorney and urban planner...and I like to think I have at least a sense of the CA market from multiple perspectives.

They never have to deal with entitled high-maintenance tenants who've only ever lived with mom and dad; tracking down late rent from the same person over and over; crossing town for showings only for the person to flake; going through the work of calling all references for multiple co-tenants only for the accepted applicants to back out 30 minutes before your holding deposit meeting--after you've crossed town to meet them and gone to Kinko's to print all the documents; tenants who give you stink eye while you're in their apartment to fix a light switch (only 2 hours after they called to report needing a repair even though you live across town), etc. etc. etc.  

This can often lead to more flexibility and better returns, especially if financing is involved in real estate transactions.

There are no agents involved so no commissions paid out.

I am highly highly intrigued on getting involved with bigger pockets and in the real estate community.