These are our first two rental property purchases.

Higher deposits might be an option to cover more damage.

Investment Info:

Single-family residence fix & flip investment in Pinckard.

Purchase price: $65,000

Cash invested: $30,000

Sale price: $195,000

Live in flip. Did most of the work ourselves.

You always want the best numbers to be the last deciding factor not the first.

And sorry that you are dealing with a vacant property for such a long time.

I’ve done a HELOC to help get me my first two rentals.

Guests just come in, have a good time and head out!

I don't feel there is one answer to this question as every property is different and what are your goals, how much time do you have to manage, what are your strengths when it comes to working the trades, people skills, etc as that will help drive towards your super power. 

It's certainly not impossible, but it's probably going to take you more time and more deals to win one.Like you, this was my goal when I first started out. 

There are a few different areas I like to target, depending on your goals and budget.We also host a monthly real estate networking event -- "NorCal Real Estate Mastermind" -- First Wednesday of every month at 6pm at Lucid Winery on R St.