That is speculating and not investing.Numbers work going in and the rest is icing on the cake if it happens and if not you hit your goals anyway.It seems the primary reason you are buying is for a home for the family to live in so the investment portion seems like a much less important detail than the emotional component from what you have said so far.Maybe just view this property as a happy family home purchase and then if you like the area once you live there look around for properties where you buy just off of investment from the additional cash flow with the low mortgage payment.

Mainly been investing in the Orange County area for the past few years but not really aligned with our goals any longer.  

All of the major components can be and are outsourced or spec'ed out to 3rd party OEM's. 

From a high-level that process is: - know your goal and reason why - know the terminology - know how to run the #s - know how to find the good market and submarkets - build a brand - find team members - find investors - find deal - do right due diligence on deal -  close and do asset mgmt Investing in someone else's deal will be a little helpful just to see the process but I think the better approach would be to align yourself with the right people to help you work through the process I outlined above. 

After the property is repaired, we will refinance to an investment loan and either hold the property if it fits within the vision or sell it to another lucky investor.If you're interested check out my profile and if our goals align, send me a message.

@Waylon GatesThere are many reasons the Solo 401k is the preferred structure.Contributions limits are roughly 10x higher, there is no custodial requirement for the 401k, you can take participant loans, you don't need the additional expense and administration of an LLC to have checkbook control, there is a built in-Roth component, a spouse can participate, there are additional tax benefits, there is generally greater privacy, and the plans are often quicker to setup and cost less money over time especially compared to most IRA LLCs.

I do not have a particular plan as of yet but I believe by saving your money and timing is two important components to get into investing.  

I think had I gone active component I may have done that but I took the reserve route.Thomas S.

Of the different answers to this question, I would most closely align with @James Wise.

@Joseph SkatesI'm not sure I clearly understand your question.If your business is collecting waste then you will most likely have a couple of possible revenue streams: a dumping fee you may/may not charge to folks who bring the waste two you;scrap fees you may collect on sale of the various component elements you extract from the electronics.Depending on where you are, there may be a provincial program which will supplement one of those revenue streams (kid of like the tyre levies charges my many/most provinces).