you profile doesn't show where you are from...In NZ main cities like Auckland Chch and Wellington, Hamilton it is very difficult to achieve the returns we are getting in the US. started why i started investing in the US. 

There's nothing wrong with doing so but I prefer not to (mainly because with the exception of my primary residence no agent has ever brought me good deals).In my last deal the seller's agent was the dual agent.

Hello.My name is Terry.I live in Brooklyn NY.My main field is E-commerce - online sales.Recently I became very interested in Real Estate investment.I do have 200k just sitting in my bank account and I want to invest them asap.But unfortunately for me I do have very little experince in real estate.So I would appreciate any suggestions on where to start and what is the best way for newbie like me.

Operating expense - Mainly only wifi enabled locks have a monthly fee.

The main reason I’m leaning towards rehabbing and flipping is because my friend owns a contracting business and suggested the idea.  

Almost all new plumbing plus a new larger water main.

Eventually, main lender took them to foreclosure for non-payment of loan obligation.

All these are very safe areas.Costa Mesa is even more affordable with decent schools, especially southeast area of Newport Blvd closer to the Newport Backbay but it is definitely closer to the lesser safe parts of the OC (northwest of Newport Blvd).Santa Ana is getting a lot better in terms of crime, a lot of downtown gentrification near Main and 4th.

B class residential older homes with light mix of multi-family (mainly duplex or triplex). 

I'm eyeing another deal, and while I can source the 20% down with cash on hand and HELOC from main home, I would prefer to have a a good amount for renovation.