Whether an individual consultant or a mentor through a program, mentors provide the foresight and support you eventually need because of their experience.

Up until then I was cheerleading the earlier thought experiments about supporting lean/regular/fat income with ~$1000 / month per paid off SFH, thinking “I could bang that out in 5 years”.

Question for landlords or anyone with experience on this on.

It is usually much easier to seal a existing door way then it is to move walls in my experience. 

@Peter W.From my experience, a second-home investment strategy works best when you meet lender conditions like owner occupancy and rental restrictions.

There are multiple big properties here that you could rent out or even buying multifamily here would give you your own space and give you some landlord experience without having to live with your tenants. 

I would appreciate tips from anyone who has experience making this model work in these areas or similar markets.Looking forward to your advice and recommendations!

I’ve been in the real estate game for over two decades, and I’ve had my fair share of experiences with PM companies... some stellar, others not so much.Here’s what I’d suggest:Start Local: In OC, there’s a lot of value in picking a PM company that knows the ins and outs of the area.

Ensure compliance with local laws, start with smaller loans to gain experience, monitor your investments regularly, and trust your instincts as you navigate this venture.I myself, as a PML.

In my experience, the larger properties pre-lease earlier (5+ BRs) than the smaller properties.This student rental thread may be helpful: Nearing 1,000 College Tenants - Here's What I've Learned