Or any other expertise could be consulted to start this project ?

Examine Transactions: Gain expertise in evaluating real estate transactions.

Having no experience, capital or expertise and thinking your going to be successful setting up a “wholesaling” business4.

To truly grasp this market, you must jump in or draw on the expertise of those with firsthand experience.

@Don Konipol: You are the lender and I am not and I respect your expertise and posts.

I'm guilty of this to a fault at times, prioritizing other peoples families over my own even..but success takes sacrifice and top real estate professionals are generally rewarded for their contributions to protecting and providing for their clients.

I am sure there is something I am missing here. lol    The reason people don't like to do this is that it adds a layer of complexity and expense, but it does offer many rewards.

When deciding between managing your own property or hiring a professional service, consider these key factors: your available time and expertise, knowledge of local regulations, property scale and location, access to reliable maintenance resources, tenant management capabilities, financial implications, emergency responsiveness, and personal preference for hands-on versus delegated management.

Investing in California, particularly in Orange County, can indeed be challenging but also rewarding with the right strategies.

While some property owners choose to self-manage their rentals, there are compelling reasons to consider hiring a professional property management company:- Expertise and Experience: Property management companies have the knowledge and experience to effectively screen tenants, assess rental market trends, and handle maintenance and repair issues promptly.- Time Savings: Managing rental properties can be time-consuming, especially when handling tenant inquiries, maintenance requests, and lease renewals.