Lewis, assuming that personal debt might be an issue, you can either buy an aged LLC with business credit or season one on your own, and transfer all personal debt. to the entity to get if off your personal credit report to boost your DTI. 

Growing up my parents had a few rentals so I had some background, but my involvement mostly consisted of helping to clean, paint, repair, etc. to get the house ready for a new tenant. 

When you replace them the new ones likely wont' match exactly, age, smoke and whatever will have stained the original.

Look forward to growing in the future.

In this day and age  (esp. in California), make sure you have viewed a couple issues of "Weeds" as well.

I'm in need of a local CPA (preferably one who is RE investment savvy) who understands and can grow with my portfolio. 

What I would like Is to hear from investors who want to keep their job yet have been able to build a sizable portfolio and how they did it.I have a full time job working 45-50 hrs a week in IT field, and currently have a growing portfolio. 

Yes investing an IRA in real estate is another good way to grow your nest egg.

Hi guys hope you all well and growing your business.I usually buy single faimily homes from the auction at low price since they need tons of rehabs (the ones I pick), Im trying to implememt the BRRRR strategy, contacted couple of banks the problem is since Im trying to refi in less than a year they would give up to 70% of the purchase price and no apprisal at this stage (onw bank offered 3 months delayed purchase I think thats whats called but not sure).The problem Im having is they depend on the purchase price which is low as compared to the ARV and wont send appraisal till 1 year and I neither have lots of cash to keep in one or two deals and wait for one year nor do hard money.Trying to refi as soon as Im done with the rehab if possible which most of the time takes me 1 month max on average size house.Any recommendations would be appriciated.Wish you all the best of luck. 

If today house price is only 70% of year 2005 price, conservatively, to hit back year 2005 price, we have at least 30% / today 70% more room to grow. 30% / 70% is about 42% more room to grow.