Hello, My names Logan, I am a 27 year old general contractor/handyman and I reside in Ventura, CA with 10 years of experience under my belt and looking to expand the company further in succession.

Especially, if you have 2 years of employment under your belt.

Definitely something investors should add to the tool belt to enhance their level of due diligence.

Thank you for your service @Audric Ma VA loans are a wonderful way to get started but you might have to have the two years of W2 under your belt.

If you did this, you'd already have 4 properties and potentially 8, 12, or 16 units under your belt in the next 5 to 10 years. 4) Get super focused on your strategy, house-hacking, storage, etc. and concentrate your efforts on that.

There are similar ones for San Fran that are even worse: ;t= California is just trailing the mid west /  rust belt/ Deep South that has already been through this the amount of vacant commerical in the mid west is just as staggering as what is happening now in CA.. and it was for the same reasons..

It would help us to understand the attainability of your goal if you would mention how many flips you have under your belt already.Assuming you are experienced, then I'd say move forward, full speed ahead--you can do it.If you are inexperienced, I would respectfully suggest you change from a $$$-oriented goal to a ### of transactions goal.Why?

land has very little value if existing homes are selling for less than New build replacement costs. which is pretty much half of the US.. and especially in the mid west and rust belt areas.. building lots have value in dense urban areas where new infill is going on in a big way..

This may have changed over the years, and I had already had about 6-7 yrs of a small single family rental portfolio under my belt, and W2 experience in commercial real estate.  

After a couple deals under belt, then take out a massive line of credit and grow fast with the all-in volume game.