We know that turning a profit in California is near impossible, but we want to live in California AND we want to be strategic with our first home by thinking of it as an investment strategy.

Through the years we slowly increased our income, and I have had to strategically save.

I am starting a strategic marketing campaign to find wholesale deals currently.

Because there could be factors such as appreciation, sentimental value, strategic forecasting that make that property desirable to hold even if it's underperforming as a rental.  3.

If not familiar, these were placed in strategic spots along highways and offered clever limericks over multiple signs.

You need to continue networking and speak to those who are currently buying so you can best strategize from there.

Your first investment will be a learning experience, and with careful planning and a strategic approach, it can set a strong foundation for your future real estate endeavors.

For evidence of this look at what happened in 2008-9, see the term strategic walk away.  

How do I go about developing a business plan, marketing plan, or strategic plan?

You are young and already have a significant amount of savings to start, and make sure you have a strategic reserve in place.