Real estate is often a long-term game, and while there may be challenges along the way, the rewards can be substantial.

In my state, owning an LLC is quite expensive (800/year), so the risk/reward calculation is a little more skewed, but still generally makes sense for larger MFR deals.The debate really heats up if you're talking about residential class (1-4 units) as there are material advantages to owning under your personal name.

Long-term goals could involve building a diverse portfolio, achieving financial independence, or even transitioning into real estate full-time.Ultimately, the journey in real estate investing is both challenging and rewarding.

Without the out of state pressure those values I think would have rarely climbed out of the 2 to 3 % rule as that is all a in the know investor will pay for the risk/reward of the current condition of those areas.. most all of the commercial has closed  so its really just schools and homes..

For bills and other expenses I charge them all to a credit card that has good reward points. 

Welcome to the real estate industry, and congratulations on starting your wholesaling adventure.This journey will be both challenging and rewarding, offering you countless opportunities to learn and grow.

Seems like an outstanding opportunity for those who see the possibilities, can property evaluate the risk/reward opportunity, and can execute.Every suggestion that I had in my post I believe has large possibilities but because the San Jose ADU lot split rule is already approved, it seems like an almost cannot miss (assuming no RE crash).  

More risk, more reward. 

Next is understanding risk/reward analysis.  

Once again, it isn't for everyone, but the sacrifice can be rewarding in the long-run.