I know there is a lot that I'm going to need to learn, and ultimately it will come down to how much the student puts into it.  

If you don't have $10k cash on the sidelines you're taking on risk.

I tend to operate under conditions I’m familiar with, also taking calculated risks of what I don’t know yet.

You can create separate folders and put the notes you have taken during the inspection/walkthrough.

He has a knack for putting deals together off market.

I imagine that the list is short and full of risk.

@Jordan BrownSince Orange County and Santa Barbara have high housing costs, using an FHA loan for a house hack could be a smart move, allowing you to put less money down while securing a property.

At the end of the day, don't get to "house crazy" as you put it.

I need to put 20% down payment.

I've watched the repair orders drop dramatically over the past year and half while putting this in place.