As some of you guys know, I've been doing deals out here in Scottsdale for the last ~13 years.

Hi Ethan,As someone who's graduated in the last 2 years, this is a great idea! 

Any guidance is appreciated TIA Hello,I am flipping houses for last 7 years. 

I took a partial withdrawal of $42,000 from my 403B plan five years ago to buy  a forclosure for $50,000 in cash.The property has been rented to the same tenant for almost five years now and I have collected almost  $50,000 in rent.Today the property is worth  $135,000 and I took a Heloc on it last year to buy two duplexes.I didn't mind paying the tax because I would have to pay it eventually anyway,  and the penalty of $4,200 I got back in five months from rent.

I know I could pivot the FBA side into wholesale (this is the current plan), and it will still have the challenges of any Amazon business -- you're at Amazon's mercy (e.g. my account was locked for a few weeks by them during Q4 last year).

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I've gone to the Denver, Orlando, and now Phoenix retreats over the last few years, and would highly recommend these to anyone who's either a beginner investor (1-2+ deals), or 'middle investor,' and doesn't really have many investor ladyfriends in real life to lean on. 

We sold the last Ca property in 2017 but started buying in the PNW around 2015. 

I purchased the condo in 2020 for $310,000 at 4% and a similar unit just sold in my complex last month for $570,000.

They were managed by Hunter Property management for several years but last year Lake Norman Realty bought them out.