Quote from @Denise Evans:Often, owners or heirs will have to ask themselves, "If I spend $2,000 (or whatever) to redeem this property, is it reasonably forseeable that I will be able to fix it up and either sell it or turn it into rental revenue?

As far as the land itself goes utilities are most likely going to be your biggest due diligence item.

Overall, been very impressed with RRG and the revenue it is producing with our strategy.

The only way I could see withdrawing a 401k would be on a commercial deal where you can develop the land and increase the equity through revenue 

We have various properties projected to bring in at least $100K revenue.

The 2 biggest down sides in Southern CA is 1) in Single family zoned areas ADU additions add a value far less than the cost of the ADU addition.  

We get the opportunity to engage with PGE for our power company.We have walked through a number of EV charging solutions but they seem to not understand the process.I want something convenient, easy, and provides some revenue (this may be asking too much).   

Share your biggest challenges when funding your deals, is it Interest rates, down payments, or something else?

Unless you own the house cash, in addition to the advice you've received, you can't just transfer a house from personal to an LLC without risking the option of the loan being called since the LLC does not have two years of tax returns.For new investors without cash to buy, LLCs are about the biggest cause of analysis paralysis out there.

One of the biggest mistakes that investors make is they are not clear on what it is they want to invest in, and what their goals are with their investments.