@Andrew Jones@Evan Kilbourne has hit the nail on the head.

Lesley nailed it. 

@Brian Burke,working on my first syndication and trying to nail down the right model.

Any other East Bay-ers out there with ideas....Have a line on a great mid-century house that needs a good $200k to get it totally polished.  

I think  Andrew hit the nail on the head, getting started in real estate you need to have capital, there is no better way to get capital thenot to leverage debt.4% is a great rate and even 8% isn't top bad considering our market can get much more then that in a return on investment. 

Better to nail it down now than fight about it later. 

It's a great time to be building your real estate portfolio.Your mantra of "equity is the icing on the cake; cash flow is the goal" nails what a smart investors focus should be.Be sure to check out the Ultimate Beginners Guide as well as my 10 Rules of Successful Real Estate Investing.Continues success! 

Nail the guy to the wall!

I'm still trying to nail down how I want to get in, since there are so many cool and interesting ways to invest.One thing I am doing alongside my wife is renting our current home on Airbnb.  

You pretty much nailed it on the head.