Hi ladies and gentlemen, I’m really interested in taking the courses and becoming a licensed realtor.

Theoretical market rent and tenants actively paying rent are two very different things.Your upfront costs are going to be substantially higher with no tenants.

The property can be turned into a four bedroom 2 bath (through space in the basement) which would increase the rent potential substantially. 

and 2) would waiting for the tariff war to abate and for demand to slow affect pricing, or are these typically ratcheted up with no hope of correcting substantially?

Given the market here in the Bay Area, straight out buying homes or having a substantial downpayment would be difficult as well-at least in our situation.How did you get started?

Properties might eek out a few extra dollars each month, but you would need to have a substantial portfolio before you're getting enough cash-flow to even consider living off of rental income.

We bought at a great time (2011-2013) and at prices that equated to a "2% to 3% rule." 10% was way too high and a couple of years later he brought it down to 7%. 10% was unsustainable and 7% made it more break even.I am sitting on a substantial equity position but I would not do this again.

We have had a few calls from sellers who own their homes without a mortgage, which is great but as in the case of the one we are going to see today, have roof damage from fallen trees, which entails at least 5 days of rain into the home.I plan to wholesale the property, has anyone had any experience wholesaling properties with substantial damage?

Get caught behind some of those and you could be looking at losing a substantial amount of money.

Look for win-win where possible.Police removal of trespassers, if necessary, can often be accomplished far more swiftly than an eviction, but may still require substantial verifiable evidence of ownership (e.g., legal deed, etc.) and absence of a lease (e.g., shown in affidavit/statement from former owner-dad).