Purchase price: $355,000 Cash invested: $20,000 Sale price: $500,000 I purchased a 2 bedroom 2 bathroom condo 1488 sq ft. located in Chino Ca.

@Sean O'Keefe not sure about KS or CA, but in VA as long as you are a broker you can have an unlicensed person act as a property manager on your behalf as long as they are your employee.

Purchase price: $270,000 Cash invested: $40,000 Sale price: $359,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on E Wildflower Lane, Fresno, CA.

Purchase price: $175,000 Cash invested: $40,800 Sale price: $305,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on E Holland Ave, Fresno, CA 93726.

New construction at that is a plus.I've been digging for a similar deal myself for the past year in California, but it seems that there's nothing out there that will lead me to break even on a monthly basis unless I do at least 15% down.

As far as being your own GC, also known as 'Owner/Builder', everyone should be aware that most states (California is one, I looked up GA and it seems they may be as well) do not allow an investor to act as a GC on any property except their primary residence, and even then there are limitations.So check local laws before starting down that road.....

My market is a few hours from the bay area and offers many advantages over CA. 

Every once in a while you get a lemon. 

And Nashville / Davison county is not California.

I am looking to purchase a home with my sister in CA.