**Evaluate the Condition of the House** - With limited cash, repairs might feel overwhelming, but some issues can directly impact the home’s value or ability to refinance.

You might be able to find some deals in small towns that no one has heard of to get your start, but at best you are limited to one deal at a time.

I am just concerned what the limits of my liability if any would be.

And since as a landlord with less than 100 homes you are limited to only filing a small claim on the damages and you can not report this kind of tenants to the Credit Bureau, it's worth the price.

With my background in law, currently studying in Indonesia, and my experience as a real estate agent, I’ve seen firsthand the opportunities and legal considerations involved in such investments.

Being a consultant or flat fee referrer is good if you have the "rolodex" but then it's limited and like having fixed income.

Carlsbad DOES allow short-term rentals in the "Coastal Zone," which is where my dad's place is.Mentor's HomeMariposa, CA80-acre lot2000 sq ft 2/2 home (with an extra study and large living room)Worth approx. $750kThis is more of an emotional project for me.

Keep in mind occupancy limit.

Is there a limit that I can put in as working capital.

Too many newbies and those with limit experiences here on BP giving out crappy advice. 2) You should have clicked on Greg's name to view his profile!