Also, your loan will likely be more advantageous as a residential investment property right now.

You need to be able to run at a moment’s notice—whether that’s checking out a property, meeting with a seller, or showing a deal to a buyer.

For a turnkey property what is a reasonable cash on cash return expectation for a property located in an "A" neighborhood? 

Material Participation in a Real Estate Trade or Business.This is pretty straightforward but you must materially participate in a real property trade or business, such as development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, management, leasing, or brokerage.2.

Without any major renovations, we strategically sold the property the same day for $20,000.

This is a garden home and the yard is fenced in with a 10 foot privacy board in board fence The neighbor stated it was making her violently ill and that it is a health hazard for her as it was coming in through her vents and or windowsshe has also been known to harass my last tenant, and sending us text that trees are too close to her home telling us that we need to cut it because there were branches over her skylight and she claims that it was scratching the cover. she called the city when the last tenant had to sell all of her items at an estate sale due to loosing her job and having to move from the property and cited that she was in violation of city ordinances due to not informing the county of an estate sale.

My background is in architecture, based in Southern California, looking to get into real estate investing, both flips and long term rental properties both in California but most likely looking to start in other states.Happy to be here and look forward to learning from everyone!

If the property isn’t worth 20-30% more after 5 years that’s another reason to sell. 

Last month, while someone was cleaning out our property in the Auburn Gresham neighborhood, the place was broken into.

To begin investing in real estate, learn first, set financial goals, analyze finances, study markets, make friends in the field, get a loan, start with small properties, check all details, plan how to manage them, and choose renters carefully.