Discovering all of this has opened a lot of doors for me.

Can't just look short term, have to look long and evaluate if such action(s) are going to help or hurt you. 

Contractors – A Short PrimerFirst, before I begin, let me reiterate that if you’re a first-time flipper you should not be doing anything more than a cosmetic flip for your first time.

So you'll need a few grand in reserve just in case)Also you'll want to have some savings for an emergency.So in short, depending on your area, you could start with as little as 5-10k depending on the price of your property.

I am also listening to the podcast, and will be networking here shortly at one the REI meetings I have signed up for.

Another concern I have is short term rental regulation (possibly?)

Short contracts with 60/40 split.Any interest, or suggestions?

Hello BP,I've finally decided to post a short intro about myself.  

I specialize in homes going into foreclosure and short sales.

This of course does not mean that SoCal REI will continue to appreciate in the short-term, but history shows it is very likely to continue to appreciate in the long term.