Cash is really not what will matter here, as @Linda Weygant mentioned the intent of the property, basis, and sales price ultimately do

Originally posted by @Tara Wright:@Jason Gines Hey Jason, I’m looking at RS for my first property.

Maybe someone is close and can look at it with you.Good luck,Linda

Tell him Chris Parrish with Century 21 Wright & Associates sent you.

@Linda Govan"Virtual wholesaling" as you call it is VIRTUAL UNLICENSED BROKERING.

At 50% expense, that's a cap rate of about 3.7%, which is competitive with a lot of other California commercial properties, or certain commercial properties everywhere (look up NNN cap rates for Starbucks and McDonald's, for example).The California market is known to usually be about appreciation anyway, not cash flow.I own a 4 plex (2br1b) in Loma Linda CA 92354 with gross annual rent of $40,800.

Linda, there was some great advice on out of state investing at the summit this weekend.

These are my focus areas - Yucaipa, Calimesa, Banning, Beaumont, Hemet, San Jacinto, Moreno Valley, Redlands, Mentone, Loma Linda, Nice Areas of San Bernardino and Highland.Maybe I'm doing this wrong or the wrong way looking on the MLS.

@Linda Hastings - I really appreciate you taking the time to list those out.

@Cynthia Wright - love the enthusiasm on trying to find ways to get past your paralysis analysis.