That’s a pretty good amount to start out with if you’re creativeIf you already have around $40,000 to invest then finding an affordable coach that can help you find under market valued deals and can help lead you and guide you through the process from start to finish is probably better than going to a course or reading a book.

. - When they got back, there was only about 4-5 days that went by before it was finished, but it was scheduled to be finished a week before they got back. 

We just recently finished a project where the 960 units were arranged together as duplexes out in Yucaipa.

Thank you for the advice Yes, you can always cash out refinance the property after you finish the rehab/reno. 

Assuming you have enough to pay the loan off in its entirety, the best thing to do  in my opinion, is to jump in the amortization schedule to a point where it will take X years for the tenant to finish paying it off.

As a GC I can advise try to retain control of your finishing material orders (anything where you need to make a choice ((tile, flooring, lites, faucets, tubs)) vs. construction materials (2x4s, mortar, shingles)) because we get those discounts on the finishing items and we keep them!

Lived in while finishing.

Building a solid team is a smart priority, as real estate investing is much more efficient when you have a trusted group of professionals→ agents, contractors, lenders, who understand your goals and the local market.Your plan to own four long-term rentals in the next four years is both realistic and attainable, especially with the type of property you're targeting.

I am finishing up a flip in Laguns Hill and Mission Viejo now.Good Investing...

I keep in reasonable regular contact with guests before their stay but I will not provide access or location information earlier than an hour or two before their stay, as I have had people show up before guests have left and before cleaners have finished.