Purchase price: $175,000 Cash invested: $65,000 Sale price: $315,000 This was our second flip project located in Sacramento  Congrats Aaron!

I am new to the real estate game and got my foot in the door by purchasing my first property as a live in renovation.

What water source is in that area?

I think LLCs are over rated unless you have to hold the property in one for financing like most DSCR lenders will require.

Do a 1 year lease or if you want to avoid a vacancy in the winter, do 6 or 18 month. 

Below is a list of data that I've used in my market research and real estate underwriting, along with some other sources that people might find helpful.

The information contained in this post is not to be relied upon.

I have heard positive things - expect lower overall returns in exchange for them doing the work! 

Great points from @Doug Smith and some I will be leveraging in my own work.We do some "pitching" of startups to landlords and while not a 1:1 comparison we generally also leverage the credibility of the team or consultants that the startup is using to mitigate their risk. 

You wouldn't be doing an owner financing deal if you want to keep the current mortgage in place.