Do you have any reserves? 

@Hector Lewis - The decision ultimately depends on your current cash reserves relative to your financial needs, as well as your willingness to reinvest for potential appreciation.

My recommendation is to save money through your W2 until you not only have enough for a down payment but a reserve for repairs as well.

That covers the down payment for the purchase, the rehab, and the $18,000 for reserves for the account, and $5,000 for me for each property for the time and work involved.

-Interest rate of 5% is much lower than market interest rates. 7-8%+-There are no capex reserve considerations included. 5% is a starting point.

I believe you have to reserve a spot via Eventbrite, link is on there. 

Please keep in mind that interest rates have risen dramatically in the past two months because the federal reserve keeps raising rates.

Not everybody can: https://www.biggerpockets.com/forums/51/topics/1075919-five-...Also, cost segregation will not help you with your CA state taxes, only (potentially) with your Federal (IRS) taxes.

Your biggest issue is that $50k may not let you get a nice house and have any reserves.

I owner blocked the calendar of any reservations starting the day of the termination.