However, real estate investment fundamentals still apply: location, location, location.

I will try to answer your questions the best that I can. 1) We are fundamentally interested in cash flow at a discount.

I think best case they will continue to keep pace with inflation, and worst case the fundamentals that brought down the US economy last time will rear their ugly head again..  

From this discussion, it seems to be the pattern that's going to be problematic despite many folks here suggesting that this might be a violation of fundamental property rights.

Plus as I heard one of the fundamental strategies is multi family unit where one unit occupied by me and other paying my mortgage.I totally understand it is not easy to make it work in LOS ANGELES Area.

Good day,When you say you have a few lates, banks should still work with you, but you will pay a higher cost for the loan and/or need more down.What it sounds like is that your Debt to Income is high and that is the issue.Refinancing the multifamily that you are going to rent can use the rental contracts for the income, but you usually get 75% of the actual lease value.Once you have contracts you can probably cash out refi to get money for a down on your next place.Once you have that maybe flip the next instead of holding it to get more seed cash for your next hold.HML lenders that I have worked with usually want a short term exit strategy, but I know there is a great podcast that should explain HML better.As with any of this, just make sure that your real estate investing fundamentals are all correct.Hope this helps.

They are both great at learning the fundamentals.

Scott's Book on Flipping Houses has been invaluable and essential not only in learning the fundamentals, but helping me get over the hump and getting out there and making it happen!

They are both great at learning the fundamentals.

I personally had already had my first rental so I had a decent understanding of the fundamentals however where I really saw value in Ben's course was the information about creative financing and the actual mechanics of a real estate transaction.