It is a good method to meet other San Diego investors as well as learn various aspect of the REI.  

The ability to judge your rehab and holding costs is a crucial part of that and most just dont have a clue when starting out.

Is it crucial to have a copy of his driver’s license to make the co-signer form more concrete?

Those may be crucial to getting my other sites up the ladder (one of my sites is probably like number 1,999,999,999,999,999,999 if you run a search:).

Think about the insurance aspect... what coverage is needed for this type of business?

I have consistently found in every aspect of my life that when I am at the mercy of depending on other key people in the process, the process breaks down.

Many investors think they understand value, but really don’t.This is one of the biggest problems ALL investors have, not just real estate investors.Those who have the ability to recognize value -- and more importantly, to recognize when real value is misaligned with market value -- will succeed in any aspect of investing far beyond the masses.This is the lesson that Warren Buffett has taught us for 30 years now...and it's the reason he's been able to amass a $40B fortune.

While RE always has good aspects for opportunities, times are good now.

If you've got a great location and you don't mind the hosting and turnover aspect, then go for it.

Should I focus on one aspect of investing or analyze deals for different strategies.