I wouldn't go with that as there is no incentive to fill your unit.

The biggest thing you should do is figure out which market you are trying to invest in and do some heavy research in that area.

One of the biggest misunderstandings I see among real estate investors is thinking that setting up an LLC in another state allows them to avoid California’s franchise tax.

If the entire home is rented out then there can be some incentives to fix things like some big repairs such as roof, windows etc.

The biggest issue is most of these "gurus" that get new wholesalers involved teach them to be deceptive when they approach realtors. 

The biggest thing is to get started and take action, which it sounds like you are doing. 

Biggest thing IMO is getting close to the train station and have a high quality units that may not look attractive on paper the first few years but will have the ability to raise rents consistently long term. 

My biggest concern with this market is that it is very limited compared to many other larger markets. 

It's not the data or the asset classes; it's you.You are often your biggest roadblock.Considering this and looking at your journey differently, you can break the stalemate.If you are new and want advice, you must be open to ALL advice, not just the kind that supports your first idea or asset class.

Biggest thing is to make sure there is egress out of the basement sleeping area.