Many of us err on the side of caution and just rent another house.It also may drive you nuts, and you might not know it until you're already in it.

I would probably pass (I understand you are already in contract, though) but I understand the excitement and drive to take that first step into real estate. 

It's a bit of a drive from Oakland, but there are people from all over the bay area from novices to experts and it's a great place to start networking.

Next town over and drive threw Yorkville about 6 times a day.

I know all (okay...probably less than half) of the methods like "drive for dollars", put up signs, yellow letters, etc type of methods to find deals.  

I was just solicited yesterday from one of the "Guru's of Real Estate" who now has his calculators all through an app so that you can be using these on the go while viewing a property or driving around town through a tablet or phone...Please add!  

I can't help you with advice on where to look but with my limited experience I CAN say - Don't buy a flip that you can't drive to at least a couple of times a week.

Go for an owner occupied financing deal first, but only after building up enough cash reserves to sustain both propertiesDoes that sound about right?

Wowever, you have to be careful and ensure they can't tie your charges to a protected class.You could try leading with a carrot instead of driving them with a stick.

Does anybody else listen to Bigger Pocket podcasts on their morning drive and have to pull over to write down ideas?