Rental real estate tends to produce smaller taxable income than actual cash flow.

Hopefully someone can.However, since these sort of questions tend to produce ads rather than answers, let me remind anyone who's thinking of posting any sort of "contact me, I can help" ad here that it is not allowed in this forum.

It's easy to get caught up doing "investor" activities that don't ever seem to produce any real results.

I've also been going to some seminars that pitch RE in other parts of the country that seem to produce better income than RE in Southern California.

In a few counties, you have a few hours (less than four) to produce the cashier's check.The foreclosing lender gets to set the starting bid.

I think you'll find that owning real estate free and clear doesn't produce the same returns as having some debt.Doing cash out refinances will probably take at least a year of ownership.

I have 3 to 5 years to make up 1 million dollars I walked away from.With 600k I should be able to make 1.5 million in three years,and 3 to 4 million in 5 years.The subdivision is a bird in the hand,but the 600k in the right hands can produce a greater return.

The irony of this compared with the violence, sex, drugs, high risk behavior and basic stupidity also generally pushed by Hollywood producers makes me think they might not have thought through the process beyond what makes the most money :)

We hand address and stamp them all so they don't look mass produced.

Fortunately, my RE attorney is also a licensed CPA, so I get both rolled up in one body.