Alternatively, franchising could be a solid route—it offers scalability with a proven framework.

If you decide to go this route, suggest you get a HELOC on your current primary before moving.

Trying to figure out the proper, best, and alternative routes to making meaningful relationships and wondering what the most effective means is to developing leads that may come along in the probate process. 

Otherwise, more passive options or waiting to save could be the better route for now.

Once you get a flavor for lending options you should run a proforma and determine how much return the project will be able to generate on its's own and how much return will be left for LP investors if you go the syndication route.

If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).

Hey BP, Im curious on what some of you would say as the better route to go and why.I'm at a crossroads between:Starting and focusing on New construction for single-family houses to eventually get into being able to build small to medium editions as a long-term goal.

The hard money route is good, and that is something that I would for sure try to see what the best numbers from the lenders you can get right now.

For DSCR, it's usually slightly higher than the conventional route due to it only looks how well the subject property rental performs + credit vs conventional where it requires credit, income, assets to be reviewed.

While investing locally is usually the easiest route, SoCal can be challenging with high entry costs and competition (though it’s definitely doable!).