Also the school districts have been increasing property taxes in A LOT of investment properties thus eating some of our profits. 

. ~$13200  (forecast equity increase) -$4200 (cash flow) = $9k First year profit ideally that will increase annually.  

(Maybe the seller has a great interest rate, but you would have to pay twice that amount which wouldn't be profitable.)11) Crime in the neighborhood. 12) High turnover in tenants (raising your expenses.)

Are they profitable?

- Go look carefully at the numbers and you'll see this.If you could acquire more rentals and they threw off $500 profit each/monthly, how many would you need to make a living?

Overall, managing an apartment with Section 8 tenants can be super rewarding, but it takes careful planning to keep things running smoothly and profitable.

I also know finding a quadplex as a first property in Orange County isn’t going to be easy, but I’m open to hearing people’s thoughts.My goal isn’t to turn a profit right away—I know properties here might not have positive cash flow for a few years.

That being said WE CHOSE TO DO THIS. so to the 2 so called "investors" who are here trying to slander us claiming we are "scamming them" or trying to convince them to buy a property under these conditions.....thats false as none of this is necessary to wholesale a deal and make profit......Over half of these investors arent even familiar with what wholesaling even is and so when they get upset about something that has to do with their property....because we offer to help them out....they immediately point the finger at us as if whatever happens to their property is somehow our fault. 

Do you want a company that will keep the long-range investment objectives in mind or one that focuses on today and today's profit alone?     

Even if you already found a PM, happy to aid to your transition with any suggestions or advice.Here for when you need me!