Lastly, they’re going to want a higher interest rate than they can get from the bank for taking the risk.

Thanks for putting it together.

I always double-check my work—and ensure that those working for me are thoroughly trained to do the same—especially in areas where high risks or significant consequences are at stake, such as in matters of high materiality.

With no debt, I have about saved $50,000 that I want to start putting to use, been trying to submerge myself in the real estate world knowing its arguably the safest investment.

Any brokerage can be the right fit for you so long as you commit to taking initiative and putting in the work.By 'work', I mean income-producing activities (lead generation and follow-up) i.e. cold calling, door-knocking, contacting your sphere of influence, networking, hosting open houses, running online advertising, marketing (paper or online), or anything else that will get you in front of prospective clients.My first broker rarely answered my phone calls and by the time she responded, I'd often already have the answer I was looking for.

No problem, though—I can get close to $100K saved by the end of the year, so I’ll be in a much stronger position.My question is, is there a specific number I should be striving for that would put me in a good position to invest in real estate?

More critical to your success will be putting together a team and finding good deals.

I think you have to find what your strengths are and what your risk tolerance is in different areas of RE and look at your entire financial picture.  

As there are Californians still moving here, the vast majority are instead picking the states with low or no state income tax like Texas, Florida, or Tennessee.Although we still have a positive influx of people moving here, more people have been leaving due to rising housing costs in recent years.To put it in perspective, we saw around +45k in the 2010's.Overall, CO is basically a balanced net migration in recent years which is likely to keep home prices steady....

Even if the rental has a decent cash flow with additional flood insurance, we're still not sure we want to take on that risk as we are out-of-state investors (planning to move back to KY in the future, but not now) and we don't like that it will potentially bring down the perceived value when we try to sell it in the future.The seller has never lived there and has not provided any information on if it has flooded before or not.