Understand that real estate is typically not a get rich quick scheme… $300-500/month per door is probably considered pretty good for profit on a financed property… so if you wanted to net $5,000/month and do it at $500/door you are going to need 10 doors.  

Yes, it'll take time but real estate isn't a get rich quick scheme.4.

Which in the long scheme of things isn't a whole lot but if I could install a device for say 200 dollars, that would notify me of a leak when its happening, I would never have a big water bill again.

And wa la the whole scheme fell down.. 

If your protection is “limited” as the title implies with LLC, (Limited Liability Company) and CA is a horrible state for litigation and taxes, and judges give very little respect to elaborate asset protection schemes to protect debtors (you), what option do you have?

@Ryan Snelson What he is admitting to in his email is that he is running a Ponzi scheme.  

I have found time is better spent building tools to quickly analyze & procure new deals, rather than hyper-analyzing the metrics of one deal, ultimately making initial review faster & more reliable (spend time on the things that make sense, quickly remove things that don't, even junior-level staff can identify good opportunities with the tools, etc).For example, if I'm modeling a SFR to 3-4 unit scheme, I can quickly check the $/sf/mo for each of my proposed units and get a good idea of the GOI without having to manually dig through &  find rent comps in that City/Zip:- So instantly I know in Woodland Hills that a Studio is close to $5/sf/mo on avg, 1 Bedroom closer to $4/sf/mo, with the 2 & 3 Bedrooms closer to $3/sf/mo.

We know how to run numbers and do as much research, but when it's in the scheme of things and dealing with real people, negotiating...it's high pressure and gets overwhelming especially since we're new to this world.

the more you could make it an emotional (unique niche place that stands out) decision and find a buyer attracted to that vs pure math, the better, I suppose.I'm thinking 'the right location' (and buyer) for this scheme is more like the "hobby second home" crowd, dedicated ski/vacation town, right on the beach, cabins, main amazing attraction right nearby, NOT any-old air bnb beachtown condo, though, overall.

I may repeat some more times, I'm not doing a Ponzi scheme, while I am doing infinite banking, but through lenders.