I too am in the Sacramento area and just getting into real estate and real estate investing, so you have a leg up on me, but I am very positive about this venture and the market, and I truly wish the best for you in all your future ventures, again welcome to Sacramento!!!

This is a process you want to have a leg up in, rather than mired in paperwork hell.

We have a tenant that has requested that we install a temporary ramp because her son is having leg surgery and won't be able to walk for a month.

You'd learn how to do some practical leg work and it would not really cost you any out of pocket money and the best thing is that you can get out of it as soon as *you* feel that the "internship" is not offering you enough benefit.

Networking at local REIAs, establishing relationships with investor friendly agents, property managers, contractors, wholesalers, and even other investors to bring you business.3) There is also the REOs, auctions, and courthouse steps.4) Doing your own marketing like a wholesaler would do.It is a lot to do but after putting in the leg work you'll get the systems in place that will then work for you.Hope this helps,Matt

If that's becoming an expert on a specific type of deal (estate property/probates) or a specific exit strategy, whatever it is doesn't matter, just something that gives you a leg up.  

I actually got hooked here reading about lease option deals, which is what I'd love to move on to eventually, but I don't know if I want my first deal to be something that requires the networking, leg work, and up front marketing required for lease option success, though they make it sound so easy in everything I read!

One of them handles all office and administrative details while the other 2 do all of the leg work including getting sellers under contract for investor deals and listings.I feel this does NOT work for us as we both do our best work in the field.

But to answer your question, yes that is the current tax.One more thing to note is that the roof is on its last leg, give or take 2-5 years.In that case, I should prob up my 5% Cap Expense.  

First thing you want to do is make sure that they are legitimate with their numbers before buying from them because wholesalers do contribute to the market by helping investors that don't have the time to scour for deals with hand selecting deals for them, thus taking out much of the leg work involved in real estate investing.