Hard lesson learned for me that my family isn't to be trusted ever again and that I need to severe my relationship with them completely because they have harmed me & my child emotionally & financially.  

Many investors have started off with less and leveraged their way to financial freedom. your just not there yet.

Quote from @Pat Arneson: I’m looking for someone to help ease my thoughts… California Bay AreaI have everything ready to go for my first flip… financing, financial spreadsheets, acquisition and disposition playbook, design criteria, etc.

Heard many flipping disaster stories and want to learn how to avoid the most common pitfalls?

I was not sure about the title of the post.Note: I am not a CPA or financial analyst.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

@Loan NguyenRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Financially speaking the issue is that deferred capex will exceed cash flow over time. 

Financial priorities should be considered, and local property management companies can ease remote ownership burdens.Good luck!

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.