@Mark Cruse thank you

This document must be signed by the owner and the contractor.3) All draw requests previously paid by the contractor must be supported by these items:a) material receipts marked PAIDb) paid receipts from construction personelc) Copy of cancelled checksd) unconditional labor and material releases4) Draws will be honored only if the inspector has verified that the labor has been performed and/or the above material has been installed or intergrated into the site.5) Only those draws for items within the amount stated on the cost breakdown will be honored.

Thank you Anthony and Nicole, that gives me two numbers I can propose, and I like the keypad idea, I've done that at my other property. 

If the numbers make sense, do it @Anthony Edwards. 

@Anthony Steele subject 2 is much more rare in CA given how high the asset prices are, the vast majority of sellers will not be open to it.

Originally posted by @Anthony Steele:Hi, I’m 20 years old and wanted to start investing as soon as I can.

Hi Mark, good luck to you!

Repeat until you hit your goal (likely at least double your current timeframe)If you are willing to risk what you already have, you can suck a bunch of equity out which will eat all of your current cash flow and stretch it across as many properties as you can as thinly as you can to try and meet your mark.

I recommend asking the PM you are going with a couple of questions before making the decision, I recommend asking your next manager a couple of questions:Do you mark-up maintenance and repairs?

Anthony, if you are purchasing property that needs rehab you will be able to do less than 20%.