If the deals have enough fat in them, then I think that this could be a solid strategy, and I would then manage the property for my friend going forward, so that he just receives passive income. 

Great investment strategy.

That being said, there are plenty of creative strategies you can implement you get there quicker/with less cash.

You want to find one that is as close to your own investment strategy as possible.Third, although a bank may have someone who is a CFP, it doesn't mean they have the experience you need. 

Hi @Mei Bae - If you did this strategy would you be trying to rent by the room or just rent it as a 2 bedroom?

Over the years, I've honed strategies to help investors and wholesalers maximize their outreach and find tons of motivated sellers.

Pick a strategy, learn as much as you can about it, commit, and don't give up.

The city's median home price of $859,800 as of August 2023, a 3% increase from the previous year, reflects a market ripe for AI's precision in property valuation and market analysis.In Los Angeles, AI platforms are revolutionizing the investment landscape, offering tailored strategies and accessible opportunities.

Our plan is to add value through reno or sq footage, in hopes to repeat the process in the future. 1st Home Purchase Strategy Inquiry-From the other forum posts in the OC area that I've read, it seems investors are more into fix and flips, but when it comes to rentals it's out of state.

I would like to scale my business by using OPM Strategy.