I don't know if you have access to any retirement accts or family/friends that may want a piece of the action as well.  

In regards to the LLC, can someone invest with retirement funds and still receive the tax benefits associated with the investment?

If you were just starting out, would you pursue a day job in the Real Estate field as opposed to any other non real estate career if the ultimate goal was to retire by 35 using a buy and hold Multifamily strategy?

Mostly my motivation comes from the fear of "settling down" with a safe job, a mortgage and a minimal retirement plan.

Previous tenent must have been a retired broker.I properly disposed of the confidential docs.Can you imagine what a less ethical person might have done?

Retired people moving to lower cost, small town cities all across the country.Of course, CA being what it is, also still attracts people to move here, hence the continued population growth.

hi scotttruebut thats the case in any market. the issue is not pricethe issue is value.you can buy well in any market if you know what you want and you know how or what to buy.35% discount or 50% discount should not be the only factor when buying but it is a very big driving force if the idea is to hold for the long run there are many reasons to buy real estate for growth, for return, for a loss( this is not the norm in your market but is in others) and even for retirement to shelve incomeso there are lots of reasons.the problem for long hold investors is looking for income and growth these are a bit hard to judge and even harder when buying into a new are or countrybut for me the rules are the same.do a templet and then duplicate it or mirror it.and price for me is not a major issue as long as it meeting your templete requrements

People got bad advice from brokerage firms telling them to put their money in stocks and keep it there even as they were approaching retirement.

[citation needed] Cramer retired from his hedge fund in 2001, after finishing with a self reported 29% return in 2000.

I do agree that most new investors have no idea how much work any real estate strategy is, and they come into it with unrealistic goals of riches and retirement by the end of year.