I'm looking forward to discussing investment strategies (traditional and fringe) with many of my house-hacking friends and peers over the next few years--especially in the Green Bay region!

Purchase price: $200,000 Cash invested: $75,000 Sale price: $430,000 Pocket listing.

Here's some guidance on buying your first investment property in Southern California or Columbus, Ohio:Down payment:For investment properties, lenders typically require 15-30% down payment on your first investment15% down is possible with excellent credit (700+ score)20-25% down is more common, especially for multi-unit propertiesSection 8 considerations:Pros:Guaranteed portion of rent from governmentPotential for longer-term tenantsMay be easier to fill vacancies in some areasCons:More paperwork and inspections requiredRent amounts set by local housing authorityPotential property damage concernsOther tips:Research local markets carefully - price trends, rental rates, etc.Factor in all costs - taxes, insurance, maintenance, vacanciesConsider starting with a single-family home or small multi-unitBuild a team - real estate agent, property manager, contractorsHave cash reserves beyond just the down paymentUnderstand landlord-tenant laws in your chosen locationI'd recommend talking to local real estate agents in both areas to get more specific market insights.

Yes, Builders have a lot of margin that they are working with typically because they set the market and manipulate the home prices.

Are you offering full price to start off with? 

…only difference is price point?!

Hey Vamseedhar, I would do research on different growth trends, employment rates, avg. rent and price history, and ect. 

My questions are: 1) What is the rental market (pricing)like for single family homes (3 bedrooms/2 baths) in the Yorba Linda/Placentia Area? 

I came from Florida and the market, while it’s hot (no pun intended), it can be over priced and over saturated!

retiring on cash flow is a pretty tough thing to do for most folks full stop.to me to do that its highly dependent on your location and price points.And how much capital you have to start with and or your day job to allow you to scale.