I love the concept of creating notes with MP's, but I'm a bit cautious about this type of business in the California market.

I have a fair amount of experience with loans but am still very cautious about my knowledge level when it comes to this stuff.

I've been successful in RE so far (I've been very cautious and slow, perhaps too much so).

If you do decide to move out it seems like you could rent the fourth unit and have modest cash flow if you self manage so even from that regard it’s a decent first investment.And two, be cautious about using a generic 5% for capex.

By advice is to get started as soon as possible but be cautious because prices are high.

I'm a little bit cautious about trying to purchase a distressed property.

This being my first purchase, I am trying to be cautious. 

The property management is also expensive, I've heard some rumblings about the group that is currently running the property, but I don't have any other contacts and I am cautious to rock the boat right away.

That's why you got to be cautious sometimes you can spot a panhandler a mile a way sometimes they are so good they can fool even the smartest man which is why it's a judgment call whether or not you want to give them something.I remember giving a homeless man some change when I was living in So Cal.

If you're running short on startup capital then be very cautious going into it.