They have a great established cash flow, thanks to the city’s rental needs and can go after flipping the houses with the best profit margin.

As mentioned being my first property, we’d use it as our primary for the 1st year to get going, and also while establishing in the area.

Establishing an LLC for your real estate holdings can offer several benefits, especially when multiple individuals are involved in property ownership.

So I'm curious from others if the paid mentorship programs have provided a quick-start way to their first 2-3 deals which then helps get you a track record and establish a team.

Establish your objectives and adjust your investing plan accordingly.

As every newbie LL/PM on these boards has revealed, there is a LOT to learn about a variety of laws; major routine processes; types of materials; contracts (all sides...tenant, management, contractors); financial reporting and management; construction methods; project and time management, and much more.

Basic work might be okay again you want to establish clearly the move-in condition and tenant responsibility.Pictures are a good way to supplement the checklist before and after move-in. 

Once you establish a routine and a few systems you will see it is very easy to self-manage.

Hard Rock Hotel (Downtown San Diego) has offered investment ownership opportunities for certain rooms within their establishment... has anybody had experience with this or horror stories of such investments?

We do have some investors that mainly buy TK as a means to easily scale & diversify their portfolio across multiple cash flow markets where they don't have their own team established, or don't want to take the time, risk & money it requires to build their own team in a new market!