Everything here is a trade off and if you're interested in long term planning, it's best to ensure you fully understand how it all works before jumping in.

Here's what I got going on so farCreated my Company "Coastal Sunrises" which focuses on STR Management/co-hosting, and am in the building process right now for my systems and I'm essentially looking to build every one of them to scale with so I am okay with taking a hit to profits immediately if that means paying employees/va's while I'm not managing a ton of properties.

This is a good lesson for future tax planning.

I constantly come across the permitting process needed in most cities in LA. 

They listing had a failed pending sale and eventually my brother talked them down to $400k sales price planning to buy it on his own.

I owe a lot to the BP platform, I’d love to connect and hear about your plans!

I can share my process if you are interested.

I am planning on buying a primary residence that I can get as a decent fixer-upper.

@Nick M.It sounds like your goal is cash flow, especially since you’re looking to use the property as your retirement plan.

Materially participate in crafting your goal(s), your plan (working backwards from your specified goal(s).