The HML covered 100% of the $32,500 rehab budget through drawbacks.Refinance: Post-rehab, I refinanced into a primary mortgage, creating 25.5% equity in the property.Future Financing: I plan to leverage the property with a HELOC to access up to $86,000 in capital for future deals.

Yes , I was hoping I would have enough to start my real estate journey in LA but Im starting to see it might not be as accessible as I thought 

We are planning to purchase a home and convert it into a community living space for people in recovery.

It may be best to partner with someone that has done one before or somehow is a local expert on lot splits.If you can add a bathroom into existing space on high cost property it can add a lot of value.  

I’m in the process of getting my real estate salesperson license to gain access to MLS listings as well.

You'll want to work with a good agent so you can gain the right understanding of the market you're in and pull accurate comps while also getting access to exclusive deals and pull the comps.

I started with Ken McElroy's books, because 1) clearly he knows what he is talking about given his track record and trajectory and 2) because I had easy access to them. 

@Zach Howard if you're serious, you'll get a Pro Membership so you can access the analysis reports here on BP.You can then share those and ask for feedback:)

I’ve been in this space for a long time, coaching and investing, and I love helping people get started.

If you’ve got strong tenant demand, proximity to top employers, or even access to public transit, you’re laying a solid foundation.