Concentrate on accumulating as many rentals as possible until I have enough cash flow to comfortably cover my monthly expenses then begin building my electrical business without the NEED to pick up jobs to survive.

If you say you have a job, I would ask if you need the cashflow to survive.

“ I hate sayin no “Dang bro , you gotta  toughen  up to survive this business !

I wanted the real estate community and industry that has been so good to me over the years ..I wanted to get a vehicle were we can make a direct impact on a hero's life.. without all the overhead most charities need to survive this is just a group of Real estate lifers giving back we are all donating our time and we put in the first 10k..

When buying property from a Seller who must complete work as a contingency upon which my purchase is based, I always make sure the contract states that the Seller’s obligation to complete such work survives Closing and that they expressly represent to complete the work to a commercially reasonable standard and to obtain and provide me with all necessary sign offs and licenses/certificates.

Hard to say what a recession would do with housing that's always tough to gauge.If you have a system and you buy correct you can survive a recession.

Year 2000 did my first Development built close to 100 rentals sold them thru the correction that helped me survive then used my equity to completely rebuild our company.

Sounds like i need to think outside of the box to survive in SoCal....... and i probably need to save a little more money.Thanks for sharing

I would like to create enough passive income to survive at this point. $3k a month in passive income would do it for me. 

ANY PM that is not an arm of a turnkey company is not going to survive on just a % of rent, and needs to charge a markup on maintenance.