Out of state investing can also be an option because it takes less capital to get started than CA.

I am aware that there is an option for 1000 contact info per month but it is out of my budget.

Tax optimization is a powerful aspect of investing and most people don’t take advantage of all the options.

BiggerPockets just went live with the property manager referal program last week.Click on the Build Your Team option at the top of your page.

You MAY be able to garnish wages, BUT most tenants may not earn enough to do that and that may not be an option in all states.

Thank you Korey,it does leave some options.

I would try to avoid it on your very first deal but plan your exit right with multiple options.

Owning in an LLC will also limit your financing/refinancing options.

According to my research, BRRR could be a good strategy to start with to increase cash reserves and then go for buy and holds...I'm interested in Oxford Houses or other group home options or other ideas I haven't thought of yet!

Nothing wrong with using a broker to work on your behalf (assuming it's a good one) with various lending options, but you should be aware of that by this point in the process.