Giving them a financial hand to leave could be to your benefit, but I would keep that in my back pocket until its necessary. 7.

We also have a bank account at a smaller Chicago community bank, but there technology isn't as good to be honest.I think @Jonathan Greene's main point is don't step over dollars to pick up pennies. 

You can learn these things over time.Take note, Due on sale clause isn't even one of the main concerns.

I will provide some thoughts on the San Diego purchase- virtually all high LTV mls purchases since rates started to hike have negative cash flow at purchase- historically great appreciation- historically great rent growth but recently flattening- prop 13 is great benefit for long holds- laws keep getting less LL friendly.

You are afraid of rent control, but if you add an ADU and it is detached, the main house (if built prior to 1978) may eventually become subject to LA Rent Control. 3.

In that case, you’re living for $2,000 a month—while building equity in the home, benefiting from potential appreciation, and taking advantage of valuable tax write-offs!

Is it better to have a job or business that is doing well, then funnel the money into larger projects, if my desire is to be one of the main GP for like 33-100 unit multifamily projects?

Plus, house hacking with a VA loan’s benefits (no down payment, low interest) is a no-brainer.After a year, transitioning into BRRRR with single-family homes makes sense, especially since you’re working on your real estate license—it’ll sharpen your skills and help you spot opportunities.

Since I focus on cash flow, I already have the benefits afforded to real estate.

This property had a main house, a pool house, an apartment over the 3-car garage, plus a 1,200 SF guest home.