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?

Your tenant is experiencing life on earth and it shouldn't be a shock that the corners of the world are not all rounded and soft and warm to the touch.

Hi There - We have had several clients make the numbers work here in Chicago typically with either FHA 203k and home style renovation loans.I continue to remind everyone that a single or walk right now will be a double, triple, or even a home run down the road. 

Josh Holley should probably rethink his life. 

It's a different style of platform than AirBnB (love them) or Vrbo (indifferent), but we can source a lot of good leads from FF.You may already know this, so I am responding to anyone who may not know about the nuances of FF.

I did a live in flip but hind sight I would have done better with a MF3) Use the excess money to snag a couple dealsCan't change the past, if we all had a crystal ball it would make life amazing.

Make sure it fits your lifestyle. 

Of course it does in seminars but rarely in real life.#8 I would consider your inspection cost a very cheap crash course in buying long distance investment properties. 

As you live in your Home you find another fixer-upper to Rent until you Sell your First Home and just "rinse and repeat" for the rest of your life.

Quote from @Sanjay Bhagat: 1) Is there a syndicate/s in BP which has gone through all the 4 real estate life cycle (recovery, expansion, hyper-supply, and recession) ?