This reiterates the importance of having reserve funds set aside and very thorough tenant screening is paramount.

The maturity and amount of time that you have owned a URL is paramount and I agree that you must start the process as soon as possible.

Knowing financing options, inventory, pricing, construction costs and how to run an ethical business in paramount. 

you can look for deals in the IE, some areas of Long Beach, Paramount, what about Santa Ana areas or Garden Grove?

Lynzie,Location is paramount.

If I am to believe all of the great that a “good” property manager can do- then I would think placing a good tenant at the highest rent should be your paramount issue with this rental.

Having plenty of headroom in your numbers is paramount, hence my going in cash on the first unit.

Getting good tenants is paramount!!

I'm willing to review your numbers with you, but they are paramount to decision making.

I started looking around using the MLS, but know choosing the right area (and ignoring even certain streets in an area) is paramount to making a good decision and need to start working with people familiar with that area that can work with.While I do have money saved up, I am also wondering how feasible it is to get traditional lending and then going through a private lender to finance the rest or at least reduce the 20% down amount to not down the money into the house – oh, and so that it cash flows?