The property is a full rehab, possibly more, and originally had restrictions from Freddie Mac requiring buyers to live in the home for at least a year, so I initially passed on it.

And I think I've ruled out my original option #1, which was to sink all the proceeds from sale of my current house into next primary residence in Southern California. 

Originally posted by @Gary R Uren:No, just on the rental contract. 

(Taxes, prepaids, attorney fee, origination fee etc) So let’s assume your acquisition cost is $227500.Cash flow is income - expenses.Expenses are PITI, vacancy (5% of rents), capex (5% of rents), repairs (5% of rents) and property management (10%) of rents, plus lawn maintenance, HOA fees etc.

Just remember to factor in that you will now have fixed monthly payments on the original three which will reduce your cash flow.

It’s one regret that sticks out the most of my life is losing out on the portfolio I would have if I hadn’t originally quit.

As a quick backstory, I'm originally from MD and graduated from UNC Wilmington.

BP is a great place to learn and connect with fellow investors.I'm originally from the Panhandle area and moved to Ohio for the investment opportunities.

Quote from @Stuart Udis: Have done over $15,000,000 in originations in the past 9 months and likely originating an additional $5,000,000 before end of year.

My local real estate attorney made significant changes to the state-specific lease I originally had to accommodate the unique situation of house-hacking and county laws.