Also, if you haven't already I would suggest getting preapproved first before getting too far into the process so that you have an idea of what type funds are available.Some questions to ask:1 - How much are you willing to spend (after preapproval)2 - Are you interested more in multi family buy and holds or more interested in single family rentals, flips, etc (pros and cons for each)3 - How much do you have for a down payment - this may factor in heavily4 - Risk tolerance 5 - Investment criteria - are you looking for cash flow, appreciation, tax shelter, or all of the above.These are just a few things to consider when getting started.

If this is the case - They will likely want you to close on the home in your personal name.If you are buying using a portfolio loan or all cash - you may have the option of purchasing it through an LLC.

I learned how to wholesale a little years ago when there was no Bigger Pockets or apps or all these resources.

The rents from the other units will pay most, or all, of your housing expenses.

A portion (or all) of your lease payments are credited towards your down payment if and when you do exercise your option to purchase the property.You can then (make sure the lease option explicitly gives you the right to do so) rent the property out and manage it.

Eviction process is the same for section 8, but you can't evict if they pay the rent and if section 8 is paying the majority or all of the rent that may not be an issue.

Check out your local authority's website and look for a welcome class similar to what is offered here in Cleveland.Pros - You get paid some or all rent on the 3rd of the month without failCons - Nitpicky inspections that add maintenance costs that you normal would not have.

One, small multi is nice because if you have one vacancy the other unit(s) will still be covering part or all of the mortgage. 

For their direct printing/mailing it's a little bit of a headache....Problem is they require you to buy 1500 at a time and can only send it out twice so 750 at a time or all at once.  

Joshua tree doesn't seem to have those big guaranteed windfalls or all season rentals Joshua Tree pretty much dies off in the summer, even if you have air conditioning, you're charging a lot less, and your air conditioning is sucking up all your profits.