@John CampbellYou can search for the word LLC on the upper right corner, and you can see opinions about this.

Anyway, I partnered with someone from my REIA on 2 flips and now I'm actively touring several properties a week to buy my family a rehab-fixer upper that we can live in as well as rent out part of it.

I really need to get into the upper to mid 6%. 

There are four apartments on the upper floors.The neighborhood is 10 years into the early-artist phase and shows signs of other development activity happening, but is still has a lot of drug and prostitution activity.

Purchase price: $3,975,000 Cash invested: $1,025,000 FIXER UPPER-Chateau Montclair sits on almost 6 acres & overlooks a 10 acre lake in the new exclusive gated community, The Montclair.

Purchase price: $3,975,000 Cash invested: $1,025,000 FIXER UPPER-Chateau Montclair sits on almost 6 acres & overlooks a 10 acre lake in the new exclusive gated community, The Montclair.

We often host families from the midwest and upper midwest and that's a long drive to not be sure of exactly what you've rented. 

When I’d reach out, I would simply say something simple like “I'm looking for fixer-upper houses and can buy it off market for an on market price.

Hopefully, this first investment will launch our journey in real estate.Here are some criteria we have in mind:Not in downtown SacramentoClass C+ or B location, since we will be living in one unit (we just want a safe location)Units with shared walls, not ceilingsSeparately meteredFairly renovated or well-maintained (not a fixer-upper, but if one unit is renovated and the others need some work, we would love the experience of fixing and renovating)Can you think of any other factors we should consider?

The goal is to buy a fixer / upper and try to update and sell before building from scratch.