In all honesty, if the destruction and misery of other people brings an individual pleasure, they should look deep within the essence of their soul.

If not, understand the risk of taking equity to generate more equity based off your ROI.

Making matters worse, 99.9% of individuals on BiggerPockets who want to buy in distant markets do so because the entry cost of doing business is lower.

While I’m still in the early stages, I’m incredibly motivated to learn, grow, and surround myself with like-minded individuals who can help guide me along the way.What drew me to real estate is that I saw it as the best route for me and family to have financial freedom.

In California, a tenant is considered an “at will” tenant if ALL of the following conditions are met: (a) the individual occupies a property, or room within the property, with the owner, (b) there is no agreement for the occupancy to be for a specified period of time; AND (c) the individual occupying the property is not paying, and never has paid, any rent.

Quote from @John Morgan: I’d do individual cash out refis on them to scale up.

Are you still generating positive wealth when you count equity paydown by the tenants? 

I evaluate the performance of every income generating property that I own. 

Purchased for $139,999 using a mix of cash and hard money, we revamped it with modern updates, including a new kitchen, flooring, and fresh paint.The property rented for three years, generating steady cash flow of $450/month.

If you are searching for offmarket, you can network with local wholesalers, and also use something like dealmachine to generate leads.