The FHA loan allows for a lower down payment, which is a fantastic advantage!

Most of the savvy investors we're working with, even through we'll lend more that this, are coming in at 30% to 35% down.

I haven’t personally heard of anyone going the SB1079 route, but I have done some research on it.

Networking with local investors through BiggerPockets, Facebook, and meetups can help you navigate the market, while avoiding common mistakes like underestimating expenses, poor tenant screening, and hiring the wrong property manager.Good luck!

Cabinets/trim go in this week and flooring should be going in within the next few weeks.

@Joseph Opoku Yeah you can still get positive cash flow from day 1 in pretty much all areas except the A class neighborhoods.

The most reliable method to locate liens and their positions is to conduct a title search through a title company.

The devil is in the details.   

You have to sell to realize your gains, and will lose on the transaction at this time.  

The only two ways to rectify this are (1) purchase the property far below market price or (2) significantly increase the property net income usually through some method of “repositioning”.