Flipping, to me, does not seem to be the way to build long term wealth, it's more of a supplement.

I am interested in getting involved in real estate investing with little or no money down with the ultimate objective of creating passive income to supplement my W-2 job. 

I would bet you have to replace your hvac system due the volume increase or provide supplemental system.   

Plus I don't think it will fly with using the 1031 funds unless you have a warchest of money outside of the 1031 or hard money to supplement the costs.

I really like my job and the company I work for and have no plans on leaving, but would definitely like to supplement my income with some additional rental property.  

So, if ANY of the members of BP ever have any questions regarding health / dieting / exercise / training / nutrition, please feel free to reach out.

I have good capital and can qualify for conventional financing, I don't need a ton of cash flow, but I do want to net maybe $200 or so and build up my portfolio to eventually bring in 1k-2k in supplemental income and then retire on these properties.Anyone that is willing to share advice with me on the following:1- What are some current hot markets that give you the best bang for your buck?

Like many others, I went to a seminar and got sold on the idea of real estate investing as a way of supplementing or even replacing my current income.

Based on what you've said it doesn't appear you're looking for  tax write-off so what you'd wind up with is a a cash burden chasing presumed appreciation and unless Costa Mesa is an on-fire seller's market you'd probably not experience a great leap in equity in one year.I own rental property that generates income monthly and nets me about $30k per year as an income supplement.

Hey folks,I'm Bruce Green, me and my wife Sara have decided to use Real Estate investing to supplement our retirement income.