If we sell (albeit less price per door and equity multiple than projected) they can take their call it $85k and put it into an 8% cash on cash return project they are now making $6,800/year plus their equity build up. 

My goals include wanting to house hack and build up to the point of buying more properties for long time rentals.

I'd like to build up a cash reserve through this first property so I can re-allocate the cash flow to additional properties in the future.The reason I'm looking into PS is because I live in LA and it's a relatively close proximity, with seemingly good short-term rental demand throughout the year (although mostly during winter and spring months).I'm wondering if anyone has any experience in this market? 

While doing this, try to build up your credit score, in other words, build up your financial house.

My wife and I do have Big goals but we want to be financially stable when we build up so that we can enjoy life together while working less.. and with less stress.. lots of good advice here but the main theme is to do what feels right to us and I think we know what that is now.

I'm seeking my license in KS and am looking for recommendations on the best in-person course.

Some lenders will even allow cash-out at this time to help you build up your cash reserves.What I just described is the basic premise of how BRRRR works.

The price point as well as trying to build up my portfolio.

The goal being to build up funds/reserves for buy and hold properties.Big fan of BP and all the wisdom being spread, hopefully one day I can contribute.Would be very interested in connecting with others with similar or complimentary interests, either local or remote.Thanks! 

Build up that cash for the next down payment for the ones willing to owner finance.