Next, BP is a great network - individuals are extremely helpful and forthcoming, so try and network with individuals that you relate to.

I would be leery of purchasing in the city of San Diego relying on short term rental because of the San Diego environment relating to STR.

I'm a relatively new investor also here in ABQ. 

It's a very old property (late 1800s), so I will be wanting to set aside a good chunk of money in a reserve account for maintenance and Capex.I'm currently self-employed and write off everything under the sun (that's legal, of course) on Schedule C including all home office & related deductions, most of my automobile miles, cell phone, etc, etc, etc. 

Is that standard for houses of this age?

Find out what wakes you up in the morning Real Estate related and learn as much as you can.

Closing costs are always high relative to purchase price for the baby transactions.

My names kerry jackson I'm 21 yrs of age and I'm looking to wholesale real estate.

The good news is that the roof and HVAC is relatively new and wont need to be messed with.

My "$140k+" comment relates to Lenders' willingness to (probably) only lend you 70% of their appraisal; so if they appraise it lower than $140k, they will not lend you the full $100k that it might have cost you!