Hey @Colin Yang congrats on making the decision that you want to get into real estate, but don't let your age be an excuse or a hinderance.

Because it affects your near term cash flow (the first 10 years) it can boost your return by 4-7%.The residual value is so unimportant that you could appreciate 10% each year for 30 years... and it still pales in comparison to the income from the Turbines.

Quote from @Michael Paling: Quote from @Julio Gonzalez: Should I talk to one even though I have no plans in looking for a lender?

@Johan Yang He is over at Seacoast Bank now.

We have a condo in Scripps Ranch and whatever cash flow we ever made on it pales in comparison to the appreciation we've experienced.Finding properties in SoCal that meet the 50% "rule" are hard to come by unless you shake hands on a mouth-watering deal or buy somewhere in gang-land.

Yin & Yang. 

Also, I've started painting all of our units a very, very pale yellow/linen color (the wife picked it out and everyone that sees it loves it) and the trim all gets hi-gloss white enamel.

@Frank Yang & @Ron Flatt the rules that govern loans and the "loan limits" are a combination of the Dodd-Frank, CFPB, Consumer Protection Act, and others (SEC is the Securities Exchange...that's for trading of stocks and what-not).  

@James Yang that's a great idea, but I'm not sure it'll work for this couple.

@Nhia Yang, have you spoken with a commercial lender?