This is why staying in your lane, doing what you do best and leveraging others that are doing what they do best is so important.

I have heard that CA is very competitive and very difficult to find deals in.

We have invested in these type of deals in Milwaukee and there are pros and cons to this asset class.All the best man!

2.The best way to obtain the necessary permits and ensure compliance moving forward?

While buying one that’s up and running might seem a good idea - paying for speed - if you’re not quite ready, sometimes the best deal you make is the one you don’t make at all.

Create the payment that’s very low in comparison to what your keeper would bring in rent.  

Quote from @Jay Fayz: Hello everyone,I've recently been exploring real estate as a potential career path and I'm looking for advice on the best entry-level job to gain experience and knowledge.

I’ve often found that a property’s best path forward isn’t always the most obvious.. sometimes letting go unlocks capital for the next wave of growth, sometimes holding tight after refinancing keeps that reliable monthly boost (from what I’ve heard).I had a friend who snagged a multi-family in a similar price range about a decade ago.. at the time, it felt like a giant step.

Hi @Justin Snead, I would say just make sure wherever you take the pre-licensing class is IDFPR approved. 

Hi there,I’ve been using Buildium for the past 8 years and have had a great experience with it.