I'm brand new to Bigger Pockets and just recently moved to Los Angeles County.

Cash flow approximately 350 a month.Option 2: Use the cash to buy land to build a 6 bed 4 bath duplex, all in cost approximately 300k/330k. 

It makes sense for your new build but you'll have leverage something (fixed rate) to get out of that loan. 

The #1 determinant is the Tenant Pool.If you don't believe us, try putting several Class D tenants in Class A apartment buildings and watch what happens.

There's real potential there to build a successful portfolio.If you’re looking to connect or need any insights into these markets, feel free to reach out! 

I had been discussing this property with the owner for a while and saw its potential—distressed but with strong fundamentals and built-in equity.The deal was a great opportunity to apply creative financing, secure a property with minimal upfront capital, and build long-term cash flow.

I recently closed on a commercial condo unit (for retail), which is one unit in a building that also has 7 apartments. 

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Quote from @Joshua Tucker: What specific tax benefits can high net worth individuals receive from building real estate on tribal land?

When the whole covid shutdown occurred, I dropped out of college to help my father's service business maintaining and remodeling residential and commercial buildings.