As 90 days doesn't seem long, it is just another adversity to face in case I can sell and flip earlier.

To overcome the high prices, he rents the properties by the room to force strong cash flows.I’m considering properties with 5+ bedrooms (or potential to make 5+ BRs), solid BR-to-BA ratio, ample parking and no HOA in the Mira Mesa, Bankers Hill, North Park and South Park submarket neighborhoods.If COVID was not in the picture, what are your thoughts on the above strategy?

If you have managed to buy a property in Los Angeles (especially by the beach), you have already overcome a big hurdle.

(It also helped me overcome a mental hurdle that always bothered me - Jacob in "Early Retirement Extreme" budgets just a few hundred dollars per month for housing, and I never saw a way to realistically do that until I learned about house-hacking.

How do I overcome this fear?

Has anyone dealt with this, and if so what was your motivation or how did you overcome it?

You could take a large hit withdrawing all of the funds at once; however, your investment inside of the IRA leaves you more cash to invest with no adverse tax ramifications if you purchase free and clear.

If you are risk adverse real estate, (especially out of state) is not for you.

I think it's 100% viable to learn this business aside from a 9 to 5 job in the field although it can definitely can help overcome the learning curve.If you're interested there's a great conference coming up about note investing called the Diversified Mortgage Expo (DME) that can help align the who, how, what, and help build your network of service providers as well.

My numbers are overly conservative both on the ARV (lower than it should be) and the rehab costs (higher than they probably will be) but I do that to help overcome any emotion/overconfidence that seem to challenge new investors.