Have you considered house-hacking a small property in LA to cut down on your living cost and build up equity?

What I want to do isn't a house hack it's just converting my primary into a Long Tern Rental and getting a 5% down conventional loan to buy a new primary.My plan is to rinse and repeat this model to build up more properties and let renters pay the bulk of the mortgage for me. 

I just got Chase Business Ink. if you spend $6000 you get $900 cash back (not sure how long this offer is) and 1.5% cash rewards on purchases. 0% APR for 12 months if balance is paid off by then. 

I believe the premise of the network as a value proposition is with the beginners I would be matched with in groups, we could work together to build our own separate businesses together based on our skillsets or partner with each other and build up together.

For example, I know a ton of houses in the bay are build up on the second floor and many have a full, underused garage that could be pretty easily converted into a 1 or 2 br apartment.

Also, how frugal can you be with the $185k W-2 income, could put X away towards the reno each month - it sounds like a longer-term project, so that could build up over time

Trustee Sales, in King County?

Specifically, how do you work them in k the math to still come out with $250-$350 cash flow?

Flipping allows you to build up capital to then use to buy passive investments.

Because of this, they need the "defense" of cashflow until they build up some wealth...I cringe when I see completely inexperienced aspiring investors with no net worth on the forums talking about buying cashflow negative properties...according to them, it'll all pencil out "when" (not if) rates come back down, and "when" the property appreciates--as if those things are as certain as the sun rising in the morning!