If you’ve never raised money you should probably be playing in another sandbox first and work your way up, but the worst thing you can do is say that you have all these investors when you really don’t.

That means if you're flipping in CA you'll be competing with brand new homes that are solar equipped.

Brand new to bigger pockets and REI.

At this moment, I'm saving some capital for my next purchase, and I have also been playing with the idea of selling my current McAllen rental in order invest the equity in a 4plex on multiple properties.What's your opinion of the current housing market in the McAllen/Mission/Edinburg area?

There no reason to wait any time or have any “whichever is lower” rule come into play.

Besides, most investors via their CPA's are looking to take advantage of the new 20%  deduction rule that's coming into play now for 2018. 

For NC tax and foreclosure auctions the 10-day upset rule is in play. 

As @Jim K. stated to many human elements come into play you cant control.. and its one reason I am so bullish these days on new construction its easier to manage costs and I don't have to compete with all the wanna be wholesalers out there..

I'm not concerned about the 90 day holding period as I am more interested in rehabbing and renting.This particular property was just listed, but we'll see if they are willing to play ball.

I am brand new to REI and I am looking to educate myself and learn as much as possible.