Scott Trench's "Set for Life" is for younger investors.

Construction style matters. 

I know, there are plenty of red flags there, but I do believe it is worth the risk when I consider how happy it makes my wife, how life-changing it will be for the family, how minor the financial impact will be on me, and how it gives me the opportunity to practice the steps of real estate investing with forgiving tenants.Finally, I am going to attempt to self manage as nothing comes close to cash-flowing if you include PM costs.

Also consider your lifestyle and if you want to be traveling 3 days just to check to see if a water heater is installed correctly and your property manager is looking after your property.

I didn’t go with his company to set up my life insurance policy.

Based on the quality of the video, their ability to adjust based on our request and overall communication styles we picked 2.

They are packed with experienced and new investors and are the best way to get the confidence in real life to add to books and podcasts and these forums.

As a moderator can you guide me:1) Is there a syndicate in BP which has gone through all the 4  real estate life cycle (recovery, expansion, hyper-supply, and recession) ?

Keep it straightforward at first, but know that experience is the best teacher—mistakes are part of the process and will help you learn.For ARV (After Repair Value), start by running comps (comparable sales) on recently sold properties in the area that are similar in size, style, and condition to your planned rehab.

Thats over 5X your current rent per month so you have to ask yourself do you want to live in CA for the rest of your life?