I started with Tardus last April and now I am getting ready to use the money generated by the income snowball system to start putting downpayments on RE every 4-5 months.

I was looking at DSCR loans because they don't require extensive checks like the bank loans and they "only" look at the income generated from the property to qualify for the loan.

My ultimate goal is to use this capital to generate enough cash flow to focus on real estate full-time.

Foreclosures aren't a super big source of leads though and most end up on the MLS anyways so they many people will see them.

Here are some quick stats to consider:Tangible Asset: Real estate is a physical asset you can see and touch, which can provide peace of mind.Cash Flow: About 33% of homeowners rent out their properties, generating consistent income through rent.Appreciation: Real estate appreciates by about 3-5% per year, while the stock market averages around 10% but with more volatility.Tax Benefits: Investors enjoy deductions on mortgage interest, property taxes, and depreciation.Control: You can actively manage and improve your property to increase its value.Just take it step by step, and you might find real estate is less risky than it seems.

For all the terrible things people say about investing in CA and yes the being not  landlord friendly is true, we have great appreciation and generational wealth has been passed on.

This can potentially lead to problems and the safety of the others in the home.I am planning on speaking with him about the lease violations and switching him from yearly to monthly with an increase in rent, due to the increased labor of the cat and the checks in of the cleanliness of the room. 

But yes; if a rental generates net income after all expenses that is still taxable. 

To me, I want a market where the value add generates maximum return. 

These properties would generate income, provide tax advantages, and appreciate in value until they were ready to retire.