To the North is Camp Pendleton and Orange County, To the East quickly test harsh (and you get Imperial County that no one would mistake for San Diego). 

Hello everyone,I currently reside in orange county, CA and, similar to most places in California now, the market is high.

Id say we have a leg up on most because we don't have a building to pay for, so margins should be favorable.

So all the leg work is not really a factor to me if I could get someone to show me the ropes or even guide me in the right direction.Overall I am really just hoping to speak to someone with experience in one of these two fields or who maybe has experience in something else real estate related that would be open to discussing it.

You need to take into consideration the value of what each person is offering.For example, if I were to take on a partner as a money partner on a property, and I had to do all the leg work and boots on the ground, I would probably consider us equal partners.

I think it is smart to follow what they are doing, just like it is smart to follow where the public REITs are buying and developing, but you are comparing apples to oranges.  

I have a bank willing to go 80% on a second lien HELOC but I don't want to cut the legs out from a high octane 1031 later this summer by bleeding too much equity out.

We also hear mixed things about the Airbnb rules of Orange County which concerns us.

It's too expensive to build and this is creating a Frankenstein house which seems like it ups your long-term value (more rent), but it doesn't since you are a single-family house with an arm and a leg added to it.

I figured if I had a leg up on things or some kind of advantage I could cut out some of the competition.