Hi everyone,I am starting a new personal soccer training business in California and was wondering if I need a special permit for that or not.

Do a lot of driving around in neighborhoods that match your criteria of a decent place you would want to live.  

My real estate side hustle is a full-time job in itself but I'm funneling all I have besides de minimus 401k match, ESPP, etc. as those are "throwing free money off the table" if I don't at least match into real estate. 

Match what you like to do with some part of real estate and you have a good start. 

Don't leave anything out or you'll be disappointed when reality doesn't match spreadsheet theory.It's simple to see why low rent to purchase price ratio results in poor or negative cash flow based on the numbers.Most Class C houses run about 40-50% for expenses, vacancy, and CapEx. 

I do plan to get back in touch tomorrow morning, I can still make the profit I want and would consider matching the offer from the real estate company, though I want to avoid bidding on emotions.  

Does the purchase price of the like kind 1031 have to match the original purchase price or the selling price? 

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where you think we are in the real estate cycles (financial and physical market cycles)b) Then only then pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

you can also hedge  your bets by maxing your employer 401k match and max your roth now, giving you options later on, because you never know.Your penalty for failure is less., if worst case happens, and you crash and burn, at your age, overcoming a bankruptcy or having to walk away from a property, you can rebuild your financial picture well before it's a more significant part of your daily life when you are older, and might need to leverage credit for the bevy of financial demands that come later in life. when you do have kids, a house in the burbs, 3 cars, and college payments....etc.Your lack of experience is the same as anyone else getting started, like me, twice your age. 

Invest in 401(k) only enough to get the employer match, then you can max fund Roths or save for down payment or both.With a Roth you can always take out the amount you put in tax and penalty free so this could be part of your down payment savings as well.