Assuming you're getting funds at the usual 30 yr at roughly 4%, it's hard to find cash flowing in OC.

I usually look for minor value add opportunities, like paint, drywall, and other cosmetic improvements that can quickly make properties much more appealing.Best of luck investing!

One of the things that we do not usually hear are the stories of how a business is built from the ground up.  

Let's rounded to $400/mo/unit to simplify the numbers.That is an income of $1600*12/yr from rent ~= $19,200Now, expenses:Maintenance: $9,600/yr (50% rule)Taxes: Around 1% ( lucky New Mexicans): $1,700/yrMortgage Payment ([email protected]%): $763/mo ~= $9,150/yrInsurance: Around $1,000/yrPossible Cashflow per Year: 19200 - 9600 - 1700 - 9150 - 1000 = (-$2,250)A negative cashflow does not look so good, but here are 2 opportunities to increment it:1) Increase rents.

What does J Martin usually tell you guys?

Hi Cindy,Each month there's a meeting, usually somewhere in the mid-cities area, on the last Wednesday of the month.  

After that there is usually a featured speaker on an important topic.

Usually not.

Hard money lenders usually require about 30% down and generally don't lend on buy and holds anyway.

If you network in the neighborhoods, you usually find some retired folks that still live there, and like to be your secret eyes in the neighborhood.