You must have a definite purpose of a given number with a set goal for a set time and write it down . 

The main reason I dont finish basements in my rentals .

Dave,The contract already has this paragraph:"if Seller or Purchaser is or may in the future be under contract with a qualified intermediary for the purpose of effecting a tax-deferred exchange in accordance with Section 1031 of the Internal Revenue Code of 1986, as amended, each party consents to the assignment of this contract to such intermediary.

I am doing a BRRRR right now where I am living in the mother in law suite, while rehabbing, and will rent out the main house (3 bed 1 bath) when complete.

We are purchasing the property all cash (we discovered that this can be a problem too) because we were running into two main problems when approaching lenders 1.

Any appreciation would just be an added bonus but I think stability is my main focus.

My first goal was to get my real estate license to not only supplement my main source of income, but to also become as knowledgeable about investment properties as possible for what I hope to be future endeavors.

Of course, I'll mention at the beginning, a sort of disclaimer, "I do investing, and the purpose of this workshop is to educate you on options."

Short-term vacation rentals is pretty much one of the main industries here with privately owned condos being more popular and numerous than hotels.

Save my info as well, I’m mainly in riverside county area but will look at anything in so cal as well.