I agree some some posts here... yeah, you cannot just skip deducting expenses since that does break some fundamental rules.

I think people have a fundamental misunderstanding of the goals of the lawsuit & even of doj, the goal was stop what imo was clear collision & basically make real estate more like any other business, there is no public list that shows the average amount a lawyer or doctor makes, people go see what services they are offering, see if they like a person and make a decision on value, some lawyers or plumbers make more than others, I have a a plumber for instance I’m probably “overpaying” because I like the guy and he shows up and does good work.

Look at the topography and terrain to determine how.Evaluate fundamental infrastructure and service availability, as well as expose examples like wetlands and flood zones, protected lands, hazardous chemicals etc.

This approach, which might offer a more dynamic and potentially rewarding financial strategy, fundamentally differs from the "save an emergency fund" mentality.

I wouldn't hesitate to consider it, but the same fundamentals still apply.

It sounds like you have your fundamentals down - I feel like part of your problem is that you are looking at "ON-MARKET" homes which (in California) will almost never cash flow.

Not to mention it would be so much less of a headache and so much less time and energy invested on your behalf, plus much less exposure to risk, easier to manage etc. to just buy a single multifamily for $800k in a good location with strong underlying fundamentals. 

To start lending your own money to real estate investors, you need to first educate yourself on the fundamentals of real estate financing and investment.

According to their research online, Charlotte ends up appearing fundamentally as an affordable option with great fundamentals.

Great post Mike, these fundamentals can be taken to any market.Understanding the traveler demand and needs, seeing where the market may be lacking (and avoiding where they are saturated), then catering to that market.