As a side note, House hacking in Socal is a slow game.

You have no skin in the game and you are offering the private lender 30% or 70% of the profits?

I was part of that game years ago.We focus on PPU, profit per unit.

I am coming up on completion of the repairs, and am really trying to assemble a game plan on how to go after my next property.Here would be my ask from someone in the community:Would anyone be willing to take a look at my current numbers/situation and give feedback on what some potential next steps could be to go after another property?

Do they really think we are this dumb?
A cool feature on VRBO has been the allowance of a video for each property.  The user simply uploads the video - which is hosted on YouTube - onto the property listing and voila...

Operations is a game of keeping a lot of balls in the air.

You need to have "Skin" in the game meaning your money or "Family" money.You can receive "gift funds" from a "Family" member if money was given to a family member and then given to you as a gift from family it would work.Keep in mind even if the seller gives you money the bank/lender will see the deposit into your account since they ask for (2) months of bank statements.

Gavin welcome to the game!!

Definitely a good idea to chat with a tax pro who gets the real estate game to make sure you’re set up right.

@David Wallace, this strategy is fantastic—it really reminds me of the sales game where the aim is to get to a 'NO' as quickly as possible.