And as you diversify, remember the power of your network.

If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.

Simple things like a branded email at your domain and a website can open a lot of doors. 

Really just a place and a time for like-minded people to get together and talk about their passion for or interest in real estate investing.

There’s a smaller hospital nearby and a large one the city up but I don’t think the nearby ones cover the point you’re making.

Thanks in advance Community for your feedback, any and all feedback and a time you take the chair of your thoughts is very much appreciated.

To be honest, I´m in the Maintenance & Construction for corporate businesses for some US companies in Mexico and we do some Real Estate down here also, but it´s way much different than the US, so I have much to learn from a lot of people around here and as @Julio Gonzalez, I think this is pretty much the right pad and place to start and to break my fears to start all over again from scratchAlso, I´ld like to hear more from @Justin Brickman why he voted for his city, pros and cons, it will help to read from a local...As I said before, thank you all guys for taking the time to write in this post and share some experienceDo you plan to owner occupy. $40k will not get you a non owner occupied San Diego property unless you find some unlikely alternate financing.

STR is a hospitality business first, and a for-profit business second (if you want to succeed).

How does this new law address the distinction between wholesaling and a net listing?

And as far as legal—an attorney becomes essential once you're ready to finalize terms with either an HML or private lender to make sure everything’s secure.Hope this helps!