RE math is not difficult, what can be difficult is to know when to divide instead of multiply or how to set up a simple equation, recognize the proper way to set up the math problem.Can you sell ideas, concepts or things?

Many operated without an agreement and proper documentation.

If it turns out that combining households is the proper way to go, let that fall out of the evaluations.

It's important to properly analyze all of your expenses prior to buying so you don't get yourself into a bad investment.

The problem I am having (albeit I haven't been looking for that long) is finding a property in SoCal that can offer income from from the beginning w/o a large down payment.Marco Santarelli I am definitely going to expand my search to other states.

By starting with rehab flips we were able to generate more capital and have since started expanding strategies to include holding rental properties.

The way I see it, if I can just gather the info and plan properly I can minimize the risk of heavy loss, mistakes.Jennifer Lee yes I am excited about planing for the vacation home, and your right, having a good property manager will make owning the rental much easier.

It is the listing agent's job to schedule with the tenants and to make sure that the tenants are properly notified that the showing will be taking place and when.

Also, what are some resources that I can use to do a proper screening of the tenant?

To have a marketable note any open market buyers, dealers and brokers, will want to know that note was properly originated.