After 20 years in the investing game, plus working as an investor-friendly agent, I’ve learned that hesitation can feel like a big hurdle but often ends up being the push you need once you break through it.I’m personally based in San Diego, California, and licensed here, but I’ve also looked into projects across the country with folks who sought better cash flow.

The cashflow should cove ALL of the expenses for the primary (mortgage, taxes, insurance, utilities, etc) AND put money in their pocket.

You have to make up the $2,000 or $1,750 out of your pocket. 

The 15 year fixed would be about $1,000 out of pocket monthly.We own other single family homes in the area and cash flow on those.

If able, speak to them face-to-face at their work, your kids soccer game, church, whatever.

I wouldn't recommend trying to do something like this right off the bat, I think you need to get into the game and really know what you are doing before taking on that level of risk.Happy to chat more over a phone call or direct message if you want more insights or have more specific questions!

Welcome to Bigger Pockets!

On the flip side the clients I fund in my land deals are doing very very well in the foothill subdivision 50 miles or so west of the springs.. but thats the land game buy low sell high.. cant wholesale that stuff it needs to go on MLS to marketed and turn around time is generally 90 to 180 days but nice margins for my clients ..

Welcome to the Bigger Pockets community @Ashley Snider! 

A good sized room with small pocket office is much more desirable than two cramped rooms.