Do you build it with the intention of renting it or just for family/friend use?

A friend of mine had a similar journey - they turned their old home into a rental property and soon realized they loved managing tenants and exploring ways to add value.

I agree that is will be a gamble as to how well it will do.Also, ask the owner if they will entertain partial owner financing to keep from dragging family and friends into this risky business venture.Maybe even rent from owner for a year with right to sublease to see how it goes before committing to a purchase.

You have received some great recommendations and if you are yet to decide on an Investor friendly to work with, you can send me a DM and see if we are a good fit.I do provide free mentorship and a lot of free resources and connections to anyone I work with especially beginners like you. 

The interface is user-friendly, and the reporting tools are especially helpful for tracking property performance.One downside is that it can be a bit pricey for smaller portfolios, but the features have been worth it for me.

If you're scaling your rental portfolio, you have to scale your operations as well.Having said that, I have friends who only have single family MTR homes and do extremely well at scale.

I have a few good friends that would use me if I can service their HM needs.

100% for 6 months is a lot of money.c) I and friends have quite a few Real Estate contacts in California.

I sent a friend down there to look at various listings.

The area is fairly landlord friendly.