Just kidding (sort of).A lawsuit will cost you $25,000 to $125,000 and a year and a half of your life.

So, create status codes for both of these and a few in-between codes to help you work smarter, not harder.

I've talked to lots of California and a few NYC investors that have lost money (including myself) who bought inexpensive properties in the Midwest mostly and a few in the South (Class C is volatile). - some strategies I've seen California investors use to lessen negative cash flow: house hacking, mid-term rentals (people temporarily displaced from home renovation or insurance reasons like fire), rent by the room, Short Term Rentals. - The ultimate house hack, live in the small ADU unit and rent out the two levels of the main house on AirBnb in San Francisco (I would have thought STRs are oversaturated in S.F. but it worked for them and they stay fully booked).

These are professionals with additional training and a stricter code of ethics.

Since the last time I was online, I have grown the investing to fix and flipping and a portfolio of 4 properties that are producing passive income.  

I had more than one title claim because a title examiner wasn't aware of the difference between a foreclosure and a DIL.

It's a townhouse in Ohio, and as per the estimated financials, I could be looking at $400 per month in cashflow.Problem is...

Starting out, single-family was my go-to—easier to manage and a great intro to the game.

I have a pretty straight forward return with a W-2 and a K-1 from an LLC. 

This deal highlights the power of well-executed renovations and a strong partnership in achieving impressive profits.