High cash flow  ( I E identified as cash flow with 20% down )  as we know everything cash flows if you pay cash.and high appreciation rarely go together.. and % appreciation  you have to be careful with.. some folks can say hey my market appreciated 50% last year or last 5 years but the house went from 20k to 30k.. that's 50%  or you can buy in SF for 1 million and those appreciated 50% and went from 1 mil to the current 1.6 mil median SF home price.. trying to find this unicorn will cause some paralysis on your end if you get to literal about it.if your going out of state  AS @Brian Ploszay stated the people working for you in the market place are NUMBER 1 concern.. stats don't matter if you PM is not working right or your units get trashed  or what have you.

Best regards,Luke E.

Than Merrill - Host on A&E’s “Flip This House”.5.  

Because of the images I am getting allot of inquiries. 77 e-mails about the place in 5 days.

Townhouse20-60 CANTERBURY DR - $1,750 CAD / MONTHLY21-60 CANTERBURY DR - $399,000Detached25 Victor Boulevard E, St for rent  $2,200 CAD / MONTHLY 22 Victor Boulevard, St. for sale $449,900 

I applied to PG&E over 8 months ago to get a separate meter, and it's still in engineering.

Layton E Bailey go to a local real estate investing meeting, listen and learn from the experienced investors.

I actually own a property there (2100 block of Barclay St) and a good friend of mine owns a house there as well (300 block of E 22nd St).

I've learned SOOOO much from those podcasts and the books they've recommended; like Brandon's Book on Rental Property Investing, Rich Dad Poor Dad, E-Myth, and one book I stumbled into at Barnes & Noble called Flip: How to Find, Fix, and Sell Houses for Profit.

Here are my current options (beware, some of these may not make sense – this is my first time so I don’t know the difference between smart/stupid moves yet):A) Get property appraised and get a HELOC to use as a down payment for a property with FHA loan (2-4 Unit)B) Hope home value increases and sell when the equity >= a down payment on a 2-4 unitC) Remodel property and sell when the equity >= a down payment on a 2-4 unitD) Remodel property, Get property appraised and get a HELOC to use as a down payment for a property with FHA loan (2-4 Unit)E) Save money and wait until market rent >= cashflow, use HELOC/saved money as down payment for 2-4 unitI’m thinking option E is the wisest move but I want some other opinions to see if there's a faster way – any insight is helpful since I’m just learning.