I think the opportunity to bird dog or work for anyone in the real estate industry is good exposure to the industry itself.

So maybe I'm just seeing the severe cases, but I suspect they're problematic.For a landlord, that's an issue b/c you could have more repairs, and phone calls, and coordinating 3+ ppl's schedules, and your passive income becomes active, plus it's costing you money.The other thing is that far too often they end up adding a cost to your tenants b/c they do not save money like the industry claims.

I'm looking for some guidance from some of the more experienced California flip investors in luxury homes to see if they might use a matrix or formula to plug in a set of  rehab estimation numbers for a luxury rehab as they are initially looking into the potential of a project being an acquisition candidate before they actually walk the property.I can typically create an estimated improvement budget for almost any commercial property in both office and industrial for proforma purposes before visiting the property, but residential is a new animal for me. 

Single Family Rental, Multifamily, Retails, etc?

There are so many books discussing general knowledge on commercial leasing but it's somehow limited on actual owners/brokers' experiences with the industry whether it's for retail or office space. 

(Sorry I dont know much about industries there)

Hi@Perry Zheng - It's not just the redeveloping urban core but the new huge industrial developments going up east of town.  

New property to be managed professionally.Learn as much as possible about the real estate industry to determine where my short term and long term niche lie and to enable utilizing my strengths to add value in partnerships.My questions to the community:I prefer to invest in the greater Seattle or Washington / Oregon area.

We really enjoy being landlords and have a goal of starting our own property management company in a few years, but first I plan to get my real estate broker license in order to gain some experience in the industry.

I'm directing this question to those investing in both residential (single houses and multi families) and commercial (retail strip centers).