Hi All,I live in an area in Southern CA where flipping just isn't a realistic option for me (median home price is 700k).

From what I saw Memphis and Toledo look like better options for me.

Since I've bought in for a year, I guess I'll see if anything comes out of it for me.

I had 2 offers the first day we listed it for sale.I still buy the lower priced ones and rehab them but then I hold them as rentals.Sort of a rule of thumb for me is anything under $100k = rental above $100k is a potential flip.It's a bit of a slippery slope though because I avoid higher end homes which would be $400k+ in our market because they are harder to sell and I don't want to get stuck with one in a downturn.

I could lock in the current price, no concerns about due on sale, and deferred risk for me.

Oh well.This is still a worthwhile topic for me since we've looked at at doing the same thing to other houses.

I even got a coach to learn faster and that was just the right call for me. https://www.biggerpockets.com/forums/432/topics/30...

I told him that would not be a problem and that I had the money but it would take a little time for me to get it.I also asked Engelo for a couple references which he gladly provided me.

Download the Google Voice app to your phone.

If they are the right fit for me, I plan to start my LLC as soon as I secure my first investment, my own home.