Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

The investor would buy an ugly black box that produced money if it was the right price.

He talks about obtaining private money.

Could these waits be mitigated by going the hard/private money route?

.#2  MINDSET:  Just like some people will NEVER become real estate investors regardless of time, money, related profession, - MOST people will never become real estate investors.   

A couple months ago there was a guest on the BP money pod that said something I really liked, "put your risk in your ROTH" and by that he meant that if you're going to invest in something riskier that has the potential to have large returns, put that in your ROTH account because you're only taxed on what goes IN to your ROTH, not what comes out.

and if you don't have enough money to house hack in San Diego... save up until you do.and if you want to move somewhere else, house hack there. 

DSCR loans are not that low and regular hard money loans will be in the double digits.

Unless you are talking serious money, which I would say is 2k or more in excess taxes, it may not be worth your effort.

He became a contractor, worked hard, and grew a successful business that produced a lot of money.