@Andrew Lax I just used google and looked up California ( sf Bay Area ) and it’s said and every 40 year appreciation of 6 percent, I have no crystal ball but if history repeats itself then I may not be to far from real numbers , who knows ? 

Some yes, some no.

I moved from abroad to USA 2 months ago (from Poland, originally I'm from Belarus) and now living in Miami, FL, having my greed card.I have no real estate background, my carrer abroad was focused on IT sales, such as software and hardware products & services.

No quit claim deeds, just warranty deed.

If they try and back out and the closing date in the contract passes and they haven't performed, the title company has now satisfied their requirements to release that earnest money.

Combined we make over 200k a year, no kids and no debt.

@Angela DoyleA few things to considerType of wash- I’m guessing these are self serve with the spray want or in bay automatic where there are no employees needed.

I was doing a lot of legwork and still paying RE agent for the transactions up until got my own license.pros: no commissions in your transactionseasier qualification as real estate professional to offset high W2 of spousecan get access to any house/ easy logisticsmore control in the transactionMLS access with all the information on tip of your fingers, you can move fast with the deallicense knowledge helps to make better decisions and gives broader understanding of the industrycan legally do property management for others, wholesale (many states now making outlaw to do it without license)cons:need to take an exam (it needs preparation and to be good not just barely pass you need to study)fees you pay along the way (MLS, brokerage(I signed with investor-focused on and have a monthly fee and a transaction rate))self-management including taxes and feesneed to relicense + paid education Don't forget the biggest con.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

What areas seem like they are good today and have more potential over the next few years...I am looking to invest in multifamily properties this year under 600k...no brrr, no flipsAny feedback and response os very well appreciated.