For me personally it would be better to purchase many less expensive deals that instantly provide positive cashflow than one here in CA that may or may not.

Big chains like Starbucks, Whole foods, Kroger, etc, or mom and pop liquor stores, payday advance loans, laundry mats, smoke shops, etc.Crime rate and types of crimes.Price of properties and day one cash flow at retail price vs appreciation potential.Very important concept to understand thoroughly ... basically the gist is that most cheap things are cheap for a reason, risk and reward are usually joined together via pricing (lower retail prices usually means higher risk), and as a newbie you may not be in the best position to judge and mitigate risk so err on the side of lower risk even if it means sacrificing some potential short term returns to get it ... 

If you want to SCALE your investing in a hurry, you need to be buying a lot of instant equity from day one!

People paying less then 100k for properties and not only getting investment back, but one BP'er even said they made 9k instant equity on top of it. https://www.weichert.com/articles/top-10-wealthies...Interesting article but 4 of the 10 towns listed are towns that surround me....

Another option would be to put them on a payday payment plan with the auto debiting service.Not all non-paying tenants are deadbeats, some just can't manage money and you have to figure a way to help them do that so you can get rent.

The whole idea of the fundraising website is to satisfy the need for instant gratification.

The end goal, from what it sounds like, is to get to your $1.3MM sale and $1.2MM payday.  

After learning about real estate investing I instantly became fascinated with all the different avenues there are to explore.

@Jana Cain I know he talks about his bankruptcy and the banks wanting their money instantly, just didn't know how the bank could do that.

kind of like qualifying  tenant.I used an Accuriant product that was specific for lenders.. we put in the SS.. and the computer would instantly tell us if the info on the app was matching to the SS.. most times it was but I had a few fruads come through .. fun to catch em up front.