Hiring an assistant will take place once you have 75 - 100 doors, maybe more.

This means you'll get a good cash flow, but appreciation of the property will be low.In the phoenix area there is more ownership and less renting, but due to prices increasing faster than inflation we are seeing a rise in renters.

Hopefully I will learn more about them when I talk to the LP who brought this up to me on Monday.

I specialize in small multifamily properties and house hacking working alongside BiggerPockets podcast guest Andrew Freed to help investors find high-performing deals in Central MA.My Background:  - Started in late 2019 I utilized an FHA loan to get my first 3 family property in Fitchburg, spent about a year fixing it up and soon after I refinanced. 

I would not get advice on this from people here also realize a LLC in California has some really hefty fees per year so something to consider 

Hi Gege, I would recommend listening to some of the podcasts from BiggerPockets, they really help a lot when you are getting started.

How many struggle in there bookings, to find way around, ask "what is this corn-dog like thing"..... 

And the hardest part of all this is finding sufficient labor to rehab/manage the property. 

What made you interested in investing in this type of deal?

I just got done analyzing this property with the Fix and Flip Analyzer.