@Sokun So Joshua Tree is an extremely competitive market.

Besides this, rather boring, pastime of writing code, I also happen to be extremely passionate about real estate, more specifically multifamily and I decided to launch a new project to develop an MVP of software solution that is tailored to the needs of property managers. 

Are you able to field showings, take on liability, and get the highest amount for the property from extreme market knowledge? 

I bought my first rental when I was 21 (in 2017), 5 years before i bought my primary residence with my wife.I an extremely glad that I did so.

I'm extremely grateful to have a community of real estate investors to reach out to for help.

He spoke extremely highly of David's character.

By that I mean issues arise that may not necessarily be your fault and when they do and a claim arises, the LLC not you personally will be listed as the defendant (unless you are dealing with a scummy attorney which is extremely rare regardless of what those using scare tactics to sell expensive asset protection systems may tell you).

Their rates are extremely high for new investors compared to other hard money lenders, and they include a lot of junk fees. 

and if you can't get approved for a conventional loan, you may be eligible for a DSCR loan.with that said... i am extremely skeptical that you can cash flow $500 a month including the debt service on the mortgage AND the HELOC plus all the expenses. 

But, due to being self-employed, it is extremely difficult to get accepted for any kind of FHA loan.