Commit, and master one arena before expanding into other ideas.  

There are a lot of lenders out there who don't really want to commit time to you unless they know you're going to do a deal.

There are a lot of lenders out there who don't really want to commit time to you unless they know you're going to do a deal.

Also, that hard money lender will be ordering a title commitment which will show the title co. that you're using financing.  

Just wondering if the 1% (rent should be equal to or greater than the price of the house) to be a good deal if you are BRRRR'ing the property since in theory you won't have any money committed to the house in the end? 

You need a commitment letter and rate lock. 

@Parth DesaiPlease don't commit mortgage fraud.If it's going to be an investment property, then tell your loan originator. 

It's usually a Success formula if you're committed;-) Mike

I have been reading books and posts here, and trying to soak up all the knowledge and experience like a sponge before I commit to anything.

I've often heard people say, the California market is different, you wouldn't expect great cash flow or returns, and the investment is more about long term capital growth, in which case the conventional calculators are less applicable.Can anyone suggest how I should analyze such a proposition to ensure I'm not committing financial suicide?