But I guess, compared to a lot of new people, I take the stance of: those that are truly successful in whatever business they are teaching don't have time to teach.  

Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.

Get at least 3 term sheets and compare them and go from there.

I would also highly advise to spend 30 minutes and do a rent survey yourself and find comparable units and see what they rent for and charge.

Securities and Exchange Commission in January, the company’s real estate business lost $1.12 million, although the firm had relatively little debt compared with the stated value of its assets.The company also disclosed that it may use new investors’ money to pay dividends to existing ones.

I also do a lot of market research in each of the markets we operate in to understand how much comparable properties would charge.

If you are comparing the two, you may get more appreciation, but more issues in Long Beach versus something steadier in Riverside.

Compare that to Vegas, where rules can be restrictive and condo-hotels often come with sky-high fees or limits on how you can use your property.

I'm looking to start off in areas with lower costs coming in, preferably under $100k single families but definitely under $200k.These markets are particularly appealing for novice investors, especially those from California, as they offer more affordable options compared to local alternatives.

Be sure to run numbers with both a local lender and a national one to compare terms-sometimes smaller local firms can surprise you.HOAs: Brickell condos often have HOA fees, which can eat into your cash flow.