Since being in California I have helped a couple flippers remodel homes and have learned more about real estate and I have decided I can utilize my construction experience/know how along with an aptitude for maximizing the potential in a building by adjusting layout and achieving the best bang for a buck possible.I've been working on a business plan and am here to get feed back and hear experience from people who have done what I intend to do. 

Over the past couple months I've gone from having a passing interest in RE to a strong aspiration for achieving financial independence through buy-and-hold investing.

Should I be looking in other markets where homes are less expensive and higher rents can be achieved? 

Our goal is to build enough wealth over time through multi-family RE investing to achieve true financial freedom and in doing so, transition to RE Investing full-time.

I am defiantly trying to sock in as much information as possible and learn as much as I can both from the content on the website and most from people that achieved their financial goal.

Single-family home sales rose 9.1 percent year-over-year, with 8,108 units sold;Days on Market (DOM) for single-family homes remained unchanged at 48 days;Total property sales increased 8.5 percent, with 9,559 units sold;Total dollar volume jumped 11.4 percent to nearly $2.8 billion;The single-family home median price rose 5.9 percent to $243,500, reaching a July high;The single-family home average price also achieved a July record, rising 2.4 percent to $305,910;Single-family homes months of inventory was at a 4.2-months supply, down fractionally from 4.3 months last July, but nonetheless at the highest level since August 2017;Townhome/condominium sales rose 6.1 percent, with the average price up 6.9 percent to $215,110 and the median price up 9.3 percent to $165,000;Leases of single-family homes fell 1.9 percent with the average rent up 5.6 percent to $1,916;Volume of townhome/condominium leases dropped 6.6 percent with the average rent up 7.7 percent to $1,666.https://www.har.com/content/mls/?

Howdy @Bob FaulkYou are going to find it difficult to achieve 2% for Income-Expense Ratio on a BRRRR deal. 

They could achieve higher returns mortgaged to the maximum on a 30yr with their cash in a income fund than sitting dead in real estate.

Especially if you want to achieve any kind of scale.

@Jesse HarrisTypically in my mind you need to pick a goal, achieve that goal with X amount of properties or doors or cash flow and then deleverage.In your case if you have the ability to just buy in cash do that going forward.