I would disagree on so many levels about this recycled myth, suggesting someone start by wholesaling (especially in Southern California) is a near certain instruction on how to waste several thousand dollars, their time and likely cause them to end their entry into real estate investing due to failure. 

Obviously, the numbers would have to work but assuming they did, you could make out fairly well.Assuming you bought and hold the other property, you'd then have 2 rental properties under your belt which you could recycle the cashflow with to purchase even more properties.This is all contingent upon your father actually wanting to help you begin investing in real estate, of course.

@Jake Milk. 

And do you go through your attorney for every contract - or once you have some type of template established, do you ever just recycle them?

I counted myself lucky that I knew him because it saved me the cost of having them tore down and hauled to a recycling center where I would pay another fee.

Each 100-150k cash I have can be recycled into a new project earning $10-20k profit each, every 3 months.

It all depends on how important it is for you to recycle your cash quickly. 

They would also have to stop utility and transfer elsewhere etc.If they know they can milk the system for months on end with free rent they won't take 500 when they can save 5,000 in total costs.So you can offer 500 as some banks do for "cash for keys" left in broom swept condition and see if they go for it.

IE condenser  all your copper etc.. .. with vacant houses if your getting squatters this is a common occurrence.. they rip anything out they can to pawn or take to metal recycler or sell your stolen condenser on craigs list.. .. 

The idea is to recycle that $100k into as many opportunities as possible.