for folks in So cal  I think Vegas is a great choice   1. you can drive there   keep in mind flying to other parts of the country to check on property is going to eat up 1 months rent if you go annually.2.

So in my mind it would be best used as a last move into a REIT you never sell.  

The thoughts that are running through my mind being this close is creating a nightmare in my mind that needs to be calmed.   

Would you mind sharing some rough numbers for the deal? 

We have a lot of investors that are way more flexible.Would you mind sharing your better options?

Getting an LLC in place from the start can provide peace of mind and give you a chance to familiarize yourself with the process before expanding your portfolio.

Personally I wouldn't feel comfortable trying to wholesale a relatives $1M home knowing that I am breaking the law if I cross over into doing anything that can be considered representing them in the transaction, and knowing it will only be marketed to people who buy properties wholesale (typically investors who don't want to pay retail prices), instead of the majority of retail buyers active in the market who are typcially willing to pay more. 

For the past two years, I’ve been diving deep into the world of real estate, and I’ve accumulated over four years of active experience in acquisitions.

Turnover costs can be frustrating, but they’re worth it for the peace of mind that comes with having quality tenants—tenants who pay on time and don’t bring the daily stress of dealing with bad renters.If you keep these tenants, they’ll likely cause more damage, knowing they can get away with it.

(HousingWire)In stark contrast, recent figures show a sharp drop in foreclosure activity.