The problem is, there's the giant water heater tank in the same corner that takes up quite literally a 1/2in too much space.

Depending on where your property is located, it may take quite a bit of time to evict that tenant.

I haven't been to any local investor meet ups quite yet.

I think BRRRR would be quite challenging as a first deal in an out of state market, but that is just my opinion.

Consider starting with a few lower-cost flips with a smaller loan-to-value ratio to reduce financial strain.Market Research: Sacramento can be volatile, so I’d recommend keeping a pulse on local trends—particularly in the neighborhoods that have potential for growth but haven’t quite hit their peak yet.

If someone told me “you have enough” how would I quit doing it?

I am in the Port Saint Lucie, Fl market and i have an airbnb that is doing quite well from an income perspective. 

@Placeholder Placeholder, I've financed quite a few STR's in the St Pete market.

im in Orange County CA and there is a huge market here for room by room rentals here. i've been doing this for quite some time (over a decade now), and it certainly has its pro's and cons. my advice if you go about this is make sure you do proper vetting before moving someone in... not only for financials/ credit-worthiness, but also for temperament and expectations in a co-living space. we ask a lot of questions like "how do you handle conflict?"

Self-proclaimed Section 8 guru's online claim to do the latter and then find Property Managers after they purchase the property in whatever state, but I don't know how real that is.I own quite a few section 8 rentals myself!