I'm also new to BiggerPockets, so diving right in with profile updates. :-)

I have been taking a deep dive in to past episodes, very informative!

He dives deep into many of the systems he has in place.

Then dig deeper into those listings to find additional sources of equity creation, like: a garage that can be converted to an ADU down the road, a decrepit but easily improvable facade, a large 2-bedroom that could be converted to a 3-bedroom down the road, etc.Where in LA do you live and work?

Hey @Nick JansenYou will probably want to dive a little more in-depth on the underwriting.

It suggest that when you go deeper to the "off market"deals you’ll find even better deals.The issue with this is - a lot of markets have these types of deals - BUT they are not in good neighborhoods.We need to find the markets where these 1% deals are in C class neighborhoods or better.100K Minimum Population SizeThis was my old criteria, because I felt that larger towns had more room to scale and a larger selection of tenants, contractors, property managers, wholesalers, lenders, etc.These things are true, but right now bigger cities have a lot more competition and they also have more variance on neighborhood and house quality.

this seems like a good reason to dive further into asset based lending which begins to make things like income more irrelevant, and where the deal itself is what they focus their lending on.   

I researched deeper into trash n adjusted from $10 to $50 per town trash rate.As for property management I calculated 10% / repairs: 5% / cap ex: 8% / vacancy: 6%As of right now, I would not have the funds for 20% unless I borrow from my 401k plan.

or do I suck it up, stay a renter And dive into the investment property space to build a portfolio...?

I could get deeper into the numbers, but just off the back of my hand, I'd say this is a risky project better suited for someone with more experience and a local team.