good schools, low crime, rents moving upward, places people want to live, residential areas, clean, modern.

Certainly to get the best cash flow and ROI combined you want to use conventional financing, with the low low rates now being offered.

The ultimate goal is to purchase a multi family unit that I can live in and also maintain tenants.Any suggestions on good (modern) books would be appreciated.Thanks,Mike

Because generally the policy of most small banks is: They do not allow your to exceed the 75% Combined Dept to Value ratio on any properties anytime they have a mortgage interest or collateral on.

Hi Ryan, You can shoot for the SFRs and use a combination of the following to "fill-in the gaps:" Net Lease Properties (NNN)Delaware Statutory Trusts (DSTs) Tenant-In-Common Investment Properties (TICs) These are often used a back-up or filler properties when a 1031 Exchange is involved.

and as we ramp up I'm going to hire a GC and other contractors then continue to analyze the numbers and results to prove this out more and use a combination of both or eliminate one or the other depending on what system is working better. 

Looking to meet another real estate agent licensed in California to combine forces and work together in Los Angeles.

The property is 8 units which 7 of them are rented at 700$ per month which is 4900 per month, now I'm figuring the combined mortgage with taxes and insurance would be  2300 leaving me with 2900 a month and would only go up with the 8th apartment rented.

I would definitely go through insurance and get them to send out an adjuster right away, before anything else happens due to the wet and cold combination.

The first course I took was basically a combination of a "Rehab" course and a "crack the HUD system" course.