And that's even in my local market where properties can get to to $10M pretty easily.

It is not really clear what the point of this attorney is except to likely waste everybody's time he talks to.  To

Sac or Stockton seems doable because it is close enough to get to to check in on the rehab, but I don't see how that would work out of state.  

A few tips if you decide to to take the plunge:-do the analysis up front and make sure that it's significantly more profitable than your standard long term rental.

The reason I am asking is that I am considering purchasing my parents home through a subject to to reduce cost and better interest rate.

I am currently in the field passing out business cards for my company and personally introducing myself to to anybody that deals with properties in Monterey County.

Welcome Stephen HML and portfolio lender typically will lend to to LLC.

You don't want to to be back peddling if they decide nay.  

As a beginner I'm finding that good cash-flowing properties are not easy to find these days so I'm interested to hear what people from my area are doing to to maximize returns.  

@Brandon Bellino You can get that information fairly easily from information brokers like listsource.com or you can do the work yourself by going to to your county clerk and tax assessor and looking it up.