This platform has played such a key role in my journey over the years.

My goals are all based around being consistent. 

Long term play would be to either use it as a short term rental or 1031 exchange it after 2+ years.

I never go off of a flat percentage on anything, I analyze the costs to get to a specific return I target and analyze the risk that is involved. 70% may be an initial metric to see if it is even worth pursuing, but every deal should be evaluated independently based on costs, time and risk involved.

There are a few programs that can do second position financing but typically underwritten based on your personal income.

So it can be good for cash flow and building in tighter spaces but it is less of a equity play in today's market if you're looking to sell right away

I think new investors who post here and take all the feedback as a whole, with a grain of salt, can really put it into play in real life and then discuss with investors at meetups in their area to get over the hump.

I'd link up with some of the awesome agents above like @Eudith Vacio or @Edgar Barbosa and have them guide you through the city and what it has to offer based on your buying criteria.

If you’re looking for simplicity and don’t have the time to be hands-on, the turnkey approach is probably the best option.As for buying one more expensive property in California, I understand the appeal of having a more stable tenant base.

planning to list them for 2024 taxes as 6 different properties and when rehab will be done , I will get all 6 deeds, can I sell individual condo and 1031 based on basis I will show?