I have been investing and managing single family rehab holds for 22 yrs and want to ramp up.  

We finally found a place but only just sold it last fall (fall2015) for a pittance more than we paid (10 yrs of ownership).  

You will cash flow better on a home 10k more expensive if it is rehabbed right and there are not any large capital expenses for the first 10 to 15 yrs of your investment.

But like I said, I filed 8 yrs ago and TOTALLY regret it.

As a long-term B&H that looks 10, 20 yrs down the road, I don't need to hit a home run on the PP. 

So Ohio is now gratefully on the upswing - recent governors and state legislators have been able to cut taxes to encourage corporations to stay and more to come, Young people see a future in urban Middle America, I won't drone on but CLE is definitely a different place now vs 15 yrs ago- super fun and there's so much business coming back in.

I'm researching what it means to be an Owner/Builder in CALIFORNIA and came across this website:http://www.cslb.ca.gov/Consumers/Building_Official...1) Owner/builders NEED a contractor license if they "Intend" to sell   (no time given) (4 property max yr)2) Owner/builders DON'T NEED a license IF they IMPROVE a property and then complete the work sometime after residing in it for 12 months. 3) Owner/builders DON'T NEED a license IF they build a NEW HOUSE and live in for 12 months after (2 per 3 yrs)It seems like if a landlord wants to improve properties he/she owns, it is ILLEGAL unlessnon-permitted work (like painting, flooring, fences no higher than 6 feet, etc.. 

Hit 50 yrs old a few years back and did a "review of the first 50". 

Just for giggles check Craigslist for something 10 yrs old or so.

@Justin Michael Johnson I've been a real estate investor for the past 8 yrs in the Tucson area.