I purchased with a VA loan and negotiated for seller credits, so total out of pocket expenses are $575 for the house (pretty excited about that).

I am so EXCITED to find a place like this, as flipping homes has been a dream since I was young!! 

I'm really excited to hear your positive feedback about the position.

Aloha BP Team - new to the BP community and excited to spread my wings into this real estate investing world. 

I'm not sure the best place to start in the area, I have several buy and holds in other markets but I like to travel to LA and the appreciation is interesting (though with markets softening I'm projecting overall negative appreciation over the next few years). 

I'm excited to be here!

We could even target the mortgage more aggressively (if we wanted to), and then in a few years sell the home and still collect what's left of that equity with no debt at that time (except perhaps a new mortgage for a new home, but even that's unlikely because we'll be traveling too much as a family to justify it). 

Hey BiggerPockets friends, I'm Yu Cao and very excited to be part of the community and connect like-minded people!

Maintain a travel log. 

You have to know enough about the market, the rules of thumb for expenses, rehab costs, how to fully analyze deals, etc to make your own educated decision to move forward on ANY deal.I know it is exciting to think about purchasing an investment property..but Please don't jump into this without educating yourself first.