Abatement of asbestos is not always extremely pricey, just depends what you are dealing with.

It's kind of low inventory right now and it's kind of a seller's market and most prices are high and cash buyers are getting the deals.That does not mean that there are not any deals out there.

My husband and I are in our mid 50s and we didnt really start saving until 12 years ago. https://www.amazon.com/Early-Retirement-Extreme-Ph...

Of course, you want to go with a turnkey provider (if that's the route you go) that keeps annual maintenance costs as low as possible, but there will always be something big that needs a repair when it comes to a long-term investment like that.

I'm not sure how long the tax rate will stay low. 

I can see also why your choosing to do flips in that area as price points are low for San Diego.

Plus a 8 bedroom or even 6 bedroom house is normally considered a party house, because it's exactly what the partiers are looking to rent...the bigger the better.... so you better screen extremely well.

That extra 1.5k a month could really vanish extremely quickly if you have an issue with a rental property or a tenant.

I am extremely interested in real estate investing and currently looking to close my first deal while working full-time as a Director in Customer Relations.

Cash flow is generally very thin due to the cost of maintaining low quality materials, paying lot rent and dealing with bottom of the barrel tenants.