We have healthy cash reserves, so we can handle non-payment for a month or two.

Thanks and stay healthy and safe in these times, Tim

Not unless you buy a fixer upper... and good luck scooping one up before somebody here:-/ If you’re putting down a healthy down payment, you could potentially break even and cover your mortgage.

Overall it's a healthy market for buyers and sellers

But it was an eye-opener as the author argued that most people could work 2 - 40 hr/week jobs in a sustained fashion if you live healthy, stay focused and don't waste time or let others waste your time.

As a new agent, my goal is a sustainable and healthy long-term strategy but I'm also trying to secure as many listings as possible.

This is also our niche, i.e. buying substandard houses at low prices, full rehabs and healthy rents with minimal capex for a long time.

If you invested $55k in a portfolio earning a healthy 8% compound interest, you'd get to $1M in just under 40 years. 

With the housing market beginning to normalize in Southern California, healthy transactions are starting to occur.

That being said I think your 143k reno budget is a healthy one and should be fine in almost all cases.