If they gift it to you- you get their basis. 

If the issues can be resolved, I will need to get another quote but this should give an idea of the CA FAIR.  

@Paige Gardner HM is a great way to get started however understand that it is SHORT TERM FINANCING 6-18 months. 

Nice job getting a good return either way!

One day I get an urgent text message from our tenant that one of the trees is on its side leaning and wanting to fall into the neighbors home!

RentRedi is great because they provide our members with 1 to 1 support and onboarding to help get started. 

MM$ projects with 25% ROI monthly payouts - payback with 25% ROI within 5 years Invest and payback gets you 100% vested in 50% of MM life insurance policy Invest and reinvest (partner) gets you 100% vested in 100% of MM life insurance policy

@Scott LorenceThe advantages to renting to college students are that they generally leave after a few years so you can do repairs or updates, you can raise rents on a regular schedule, they will pay a premium to be near campus, and if you get engineering students they tend to fix the small stuff on their own.

We handle everything, so you’d get steady cash flow without Maryland’s tenant-first tilt or Baltimore’s paperwork maze.

With absolutely no prior experience investing in real estate, I'm getting to the point/age where retirement from corporate America is getting closer and closer, however I still have 2 kids to put through college over the next 2-6 years.