utm_source=search&utm_medium=internal&utm_campaign=booksSimply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

Though I left Southern CA after college to escape the HCOL.It is tickling my funny bone also, but I know @Thuy Pham-Satrappe is talking about "higher crime areas" elsewhere.  

Make sure the bones are good such as electrical, plumbing, roof, HVAC, foundation, etc.I don't like the sound of the separate units thing.

I worked and saved and cut my finances to the bone saving off 40% of my income each paycheck, then poof, it was gone into the down payment. 

There are many other loan products available in addition to Creative Financing methods you can learn about that don't look at your DTI and are "asset based".The ideal loan product really just depends on what strategy you're looking to implement, BRRRR, Fix/Flip, Short Term Rentals, etc...HMLs(Hard Money Loans) can be helpful for Acquisition but depending on the price of the property, the fees can eat up much of your profit, especially if there's not much "meat on the bones".

The house is in good condition and had good bones for design, furnishing, and updates that are similar to our first investment.

This is why virtual wholesalers do not close many deals or they end up leaving too much meat on the bone because they cannot accurately price the rehab

Make sure your numbers are ALWAYs right and you have some meat on the bone to mess with.

I am a man of substance, of flesh and bone, fiber and liquids -- and I might even be said to possess a mind.

The property has good bones but the inherited tenants destroyed this property and I've kind of been delaying putting any $ into it because the house needs so much work.