I've gotten a ton of info from the epic real estate investing podcast and cash flow savvy.Is it realistic or feasible to buy a house by the end of the year?

I will make the promise to present and try and get the seller to move a little, but at the price you offered, it just isn't feasible.

@Christopher DavisWhile I agree that it's a great way to build equity it's not feasible for me right now for a multitude of reasons.

Now you let the lower wage scales do the dirty work of cleaning, repairing, painting and installing new fixtures and you no longer spend your more valuable time doing the low paying labor jobs, so now you can quite feasibly make $20,000 and spend $5,000 to do it.

Why is it not required in any other city in the countryAnother interesting fact: Detroit paid a NY consulting firm for a feasibility study that looked at what it would cost for lead-based paint remediation and modern code compliance for an average Detroit SFR.

That is a lot more feasible to save for compared to the normal 20-25% for investment properties. 

I have 4 of my own, tenants typically stay at least 2-3 years and will make long distance management much more feasible. 

Hi Phil, it seems like Airbnb may be a feasible option for your basement/garden unit. 

Just made my first post here to introduce myself so won't go into that too much, but I'd like to start this post with this question, and elaborate on it a bit below: Is it feasible for a first time investor to start investing in Los Angeles real estate? 

For example, I know Las Vegas has some strict airbnb rules so that probably would not be feasible.