Ideally, you'd be able to spend some time to build a team on the ground before heading back to CA.

He also uses his own jet that saves him much time and gives as much time to spend with his family.He preaches much about cash flow and that the price is not that important. 

Looking to possibly spend about $2000

But all of you are spending time here. 

Most of the good stories have come from people that owned 20 to 30 houses at least and usually more.I am 61 years old and I'm bedridden so I spend 7 days a week, full time learning about real estate learning including book reading which I can complete each book in about 2 weeks. 

@David HaldDon't spend your 35k and waste your great private money on a deal with that small cash flow.

I know I can't time the market, but my current plan is to spend as much time as I can reading and educating myself, while waiting for the market to return to equilibrium. 

I wouldn’t do it....you spend the money to fix it up, someone is going to feel like they got the short end of the stick.....either you rent it and collect money forever or they need to sell shortly after.

Spend $1,000 to save $300?

The suggestion was to open a credit card and spend to setup a credit history.