Either would be a great option; I'd probably choose Roseville because it's more established, but the City of Elk Grove deserves a lot of credit for its impactful growth programs, so it wouldn't be a bad option. 

I am not a member in any "gurus" programs nor am I foolish enough to believe that the whole picture is provided by these gurus.

My first project. 

As those prices fluctuate, there is a builders somewhere putting his feet up waiting to see a market turn more active because the last thing he wants to do is start paying crews to build houses, that could drop in value while he's halfway through the build process and losing equity halfway into the project.

-Higher interest rates and costs for the next property could reduce returns, especially if cash flow projections aren’t realistic.Key ConsiderationsCash Flow vs.

Let’s just say the hard money lender became my best frenemy for the duration of this project.

Purchase price: $79,000 Cash invested: $69,221 Sale price: $178,000 This was our first flip project.

A project like that will probably take 6 months to 1 year, so what's your expectation for future rents?

I’ve been interested in real estate for years and have invested as an LP in several projects, ranging from residential single-family homes to NNN properties and flipping.While I haven’t owned any property yet, I’m hoping to take that step in the near future.

Also, once you get over 5 bedrooms you have to commercially park your project.