I'm not trying to discourage you, but living in a mess can sometimes be tough.

That way you aren't tied to time & materials.  

For LA, It's tough to find mf that cash flows in B or better neighborhoods, roughly speaking west of downtown and North of the 10.

Tough noogies. 

Plus, unless you get a construction loan (which might have a higher down payment requirement), you will also need to fund the costs of the repairs.In addition, I don't know how handy you and your H are, but those kinds of skills would be really helpful.Flipping can be tough. 

I'm not as technically advanced when it comes to A, B ,C and D area designations.What I would say is that typically, the more expensive areas are very tough to make the numbers work for rentals.

It's tough but worth the investment to furthering my family's future. 

It's a little tough to get good deals out here.  

He will not have a pretty notebook or folder or fancy materials, but it is just as good investment advice from someone who is rehabbing.Don't get taken in by the hype.

I need to understand this process and want to learn but need some better reference material.