Remember you don't have to own a property to control it.Good LuckPaul

Remember you don't have to own a property to control it.

If you're investing in real estate, either actively or passively, his goal is to cut your taxes in half (ideally to 0) within 3 years. 

To achieve this we are looking at long term buy and hold properties that cash flow at least $150/month ideally $250/month. 25 properties at $150/month doesn't achieve our financial freedom goal but once the debt service is paid in full and after the 50% rule we should be in good shape.

I would think this would be ideal.

I remember your from your high school and your job.

I remember in my state my old broker owned a title company along with a brokerage as separate companies.

But, when you're running practice numbers, you can estimate an ARV (remember this is practice).

I knew I was not an ideal tenant based on my "job" i.e.

Just remember Neil, you may find a nice deal in SoCal, but there inherent difficulties with being a landlord in CA, tenants are generally treated as endangered species by the courts, one of the reasons I haven't been excited about buying more SFR's in CA.Andrew