I have a common scenario I follow:100k @ 5% is 536 a month PI.  

Manufactured Housing Dealer licenseEach state is different but being that California is California and is know as one of the most heavily restricted states not to mention so left wing tenant friendly states, it wouldn't surprise me in the least if there is all kinds of regulation against what your trying to do.

I want to make money work for me, and so I know that it takes some money to take care of those properties and hopefully, the cash will flow in and I won't have to invest any extra than what I have started with. 6 months from now, my goal is to begin that first property and be well underway to manage it, no matter what the learning curve is, because it's my first deal.Well to wrap it up, I'm a pharmacy professional looking to do more business, as they did not train me about any kind of business while in pharmacy school.

When you rent individual rooms, there are unique issues to be addressed like sharing common space, cleaning, etc.

What kind of investing are you interested in doing?

All three units are 4-bed, 4-bath three-storey houses with small own yards, garages and a common area for BBQ.

I was kind of amazed.They care about peeling paint and whether the smoke and monoxide alarms are installed and work. 

My partner and I are under contract to buy an apartment complex and it happens to be in an opportunity Zone we didn't even know it when we went under contract for the apartment complex and some nearby a couple of other complexes that we have and this one just happens to be in an opportunity Zone doesn't even appear to be a rhyme or reason as to why it's in an opportunity Zone. that being said it's not a redevelopment project and we're not going to be able to take advantage of the tax credit because there's no way that we can put a hundred percent additional Capital into this particular project but what it did is it got us thinking there might be another property nearby that does need that kind of redevelopment and so now we're actively seeking other properties in that same area that will help us build our existing portfolio and potentially get significant capital gains tax deductions at the same time.

In the alternative, you would want some kind of standby credit.

If it for a investor/clIent so really based on your queries it’s what kind of tenants he wants to have ?