There is a longer version the VP and founder of this site wrote as well "How to Invest In Real Estate" Look for a black background with blue and white letters in the site bookstore or on Amazon.If you want some more good tidbits, want to hear some success stories and proven strategies, and want to be motivated listen to this recent podcast for newbies: https://youtu.be/XNrMOGuJ-wE Particularly the interview with David Green that starts around 1H:19M.The culture that @Cassi Justiz hit on is very real.

Hi Mindy,That staging seems to be "Cutting Edge", where things seem to be going in staging.I recognize it, and it's not to my taste but I have seen the colors used before.If I were living there I would not want those colors, but did the client see another staged house by this designer and say make it like that one, or just say stage the house?

Also that he would have been willing to pay more years ago had they just fixed the issues he was dealing with **Now that we had proven out our concept we worked with the remaining tenants to address any outstanding issues and in turn increased their rents to market averages.

Also that he would have been willing to pay more years ago had they just fixed the issues he was dealing with **Now that we had proven out our concept we worked with the remaining tenants to address any outstanding issues and in turn increased their rents to market averages.

So you need to have one of the following:1) your existing network of contacts that will be willing to join you on it2) a proven track record3) if you don't have #2, then need to find an experienced investor to partner up with to leverage their track record to raise funds from investorsIn addition, keep in mind depending on what structure you will plan to use for your investment - you may end up with either all active and/or some passive investors in your deal.

In 20+ years, I've been involved as a member in from 2 to 18 different parties (some LLCs, which in our state are recognized as 'people') but for me, the best number has been about 3-5.

California, however, does NOT recognize series LLCs so each LLC you create would subject you to this $800 minimum.

Bigger Pockets has proven to be a phenomenal community of knowledge and helpfulness.

@Jason Thomas, @Jaysen Medhurst summed up the advantages of investing recognized capital gains into a Qualified Opportunity Fund nicely.

If I’m going to go down this route what is a strategy that’s been proven to work in different markets and time?