We're willing to live almost anywhere in the greater Sacramento area based on what we can afford, provided of course that the property is in a decent neighborhood that has a good chance of attracting responsible tenants.As for budget, I believe we could get a conventional loan for properties up to $600k, but my strong preference is to find a distressed property (or seller!)

Quote from @Stuart Udis: The riskiest  strategy will be whichever new investment strategy the gurus come up with next to maintain a captive audience...can't wait to see what these creative minds come up with next.I don’t know what the next BIG STRATEGY gurus will come up with, but I do know it will include the following1.

Did you have someone or something backing you up?

You can use the "website" button in my signature below to set up a day/time that works for you.

DOM is creeping up, properties are sitting, and appraisals are not coming in where the borrower expected.

If a landlord was responsible for each replacement it would add up quickly.

They have definitely become more challenging since rates have gone up.

You can 100% use an FHA-203k renovation loan on multi-unit properties up to 4 units. 

I would suggest you up your rate from 8% to 10% to help off-set some of that cost. 10% is doable all day long here in Texas.

I am curious to learn from others as well  :) I looked at GHL for my CRM but felt like it was full of features I'd probably never use and the cost was considerably more than what I ended up using: Monday.com.