Unless you have some special knowledge, I suggest focusing on 1st position purchase money loans on single or 1-4 family homes.

I am interested in 3 to 4 bedroom single family homes to flip and small to medium multifamily for buy and hold.

In business, references and jobs done also help too.Handymen per CSLB are prohibited from taking on projects that are more than $500, unless they can either break the project down into smaller job or risk going to jail -especially if they furnished something recordable (ie, a phone conversation or in writing) in violation of this fundamental CA rule governing construction.So yes I do agree CA handymen should never quote a client anything more than $500/materials+labor per particular job unless they don't care about building a career towards being a licensed contractor honestly and dont care if they end up being criminally charged for it.As for a family member and/or close friend I would expect handymen in CA to obviously work out 'less than armlength' ways to help them with big jobs that do exceeed $500/project but not leave an obviously incriminating papertrail afterall its family you're dealing with anyway and nevertheless as a handyman (and likely brother, cousin, in-law etc) until one day you are a licensed contractor then can quote as much as you want per project.I'm tired and done with CA handymen masquerading as contractors, quoting contractor prices, yet not having even liability insurance that licensed contractors are required to have. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Good day Bigger Pockets family,Question for my seasoned investors.

Thank you for your response, My current income is about 75,000 a year, My credit card debt total is approx 40,000.00 which consists of 2 car payments and medical expenses. about 6000.00 of it is money I loaned or I guess gave to family and friends, Not to mention the cash I have loaned or given away, I am going to stop being a leech and start to put my needs first, I will get there eventuality!!!

A 1031 exchange is a great option, but only under certain conditions if you end up making money.If the property is performing poorly, it makes sense to sell and put your funds elsewhere, unless you have a buy and hold strategy and you are okay with riding things out for a bit.Single family home rentals aren't what they used to be in terms of profitability.

Jerry, multi-families small balance loans mainly and financing that makes sense below 7% with longer terms as we buy and hold. 

Now our family plan is to buy on a golf course just outside of PV (we found our spot, just not the unit) which we will use as STR and several months personally each year.

I'll cut and paste what we send out for the initial approval for a loan on multi-family, but it's similar to what we ask for for a MH Park.