(My oldest is just 9 but if he’s asking this question at 16, I’ll be thrilled.)I would say step 1 is simply to learn.

Repairs are often out of pocket. 4 family I have my mortgage paid by 2 of my tenants and the third tenant essentially pays for any repairs plus profit.This doesn’t apply for every market or every property but that’s why I am thrilled I went with 4 family to start.

Everyone was thrilled.

Everyone was thrilled.

@Christopher Derr I am thrill to find another investor living so close to my area.

They were not thrilled that they had to move but complied.

I had a slight concern that our membership wouldn't be thrilled about a step down in our physical building (1300sqft pier and beam), but it seems to not have been much of an issue.Future Plans: Real estate is not my profession, but I do have plans of becoming financially independent so I have an interest in investing wisely and also finding ways to maximize profits from my business.

Just my take.PS: I am thrilled of the rehab addition price, it's not even $50/sf.

Sorry for the long post, I'm just thrilled to be in the game, and BP has certainly helped me substantially.I have attached my analysis from the property.

Daniel Siapin , From some of the articles I've read, it sounds like plenty of Anaheim residents aren't too thrilled about all the STR's either.