I understand and anticipate the need to begin a direct marketing campaign but just curious to others thoughts on the ability to keep the machine fed through MLS and wholesale opportunities while I ramp up my own efforts. 

I am having a roofer come through next week to give me an estimate on the roof repair/replacement.The house is listed at 25000I assume there will be 8-12k in repairsI estimate the ESP to be 45kThe way that I anticipate to make the money back is through holding the property.  

With mortgage rates very low, I'm thinking of refinancing my condo in anticipation of this move.Currently my mortgage principal & interest, condo fee, and property taxes are $2,100/month.

This puts these properties in the 1.4-1.6% rule range, which nets me 4-6k in cashflow after debt service, all estimated expenses and management fee (remember you could definitely do your own management, but you need to anticipate future where you might not want to respond to toilet calls at 2am anymore or can't handle 10+ properties with your full time job).

I would always anticipate some rehab.

Finding a GC has been more difficult than I anticipated.  

What part of LA, year built, and anticipated exit price?

Hi all,A San Francisco resident, I recently bought my 1st investment property out of state (an SFR) and anticipate buying future SFRs in a couple of other states going forward. 

However, there are four (4) heirs, not one so the secondary issue of post-death distribution is now complicated by your primary action.If you made a loan from your pension, for example, you could manipulate the payments such that the interest accrues at 5-10% with no installments.As to reverse mortgages, many folks never get the full benefit as they either oasis away prior or require relocation sooner than anticipated.

FYI, the breakdown of our property has a high management cost at 12% to start off because we are anticipating some significant work to get the property in the condition we want and quality tenants in place.