What advice would you give to someone who lives in Silicon Valley in the Bay Area when it comes to performing market research and selecting zip codes to search for deals?

I know several guests on the podcast mentioned doing a 50/50 split, where they perform all of the legwork and the investor provides all of the money for the purchase and the rehabbing costs.

If people do graffiti then it gets cleaned up quickly because Milwaukee has a graffiti task force.

Consider getting a property manager if you are not interested in dealing with the items below and treat the tasks like one would a business.

Professional tenants...and by tenants, I mean termites.You performed an inspection and found nothing.

And you are limiting yourself the opportunity of savings and quality work by looking for someone who can do two trades in one company, if there are 30 demo contractors and 59 framing, you might only have 5 companies who can do both trades, and most probably they are a self-performing GC and have a GC license.

Getting a loan prior is not going to be an easy task. 

For example, you can buy a note on a property in Florida (or any other state) that performs and produces more stable and higher income than you may get on a rental property in any of the locations you pitched.

It was an all day task but I think it looks way better.Wife and I talked about reinstalling the cabinets at ceiling height but I like it much better being open like this.

Frankly, If you sign a contract to buy a house at an agreed upon price, I think, ethically, you should perform or walk away without tying up the seller any longer.