And not just the convenience, but the cost...Many of buyers are putting down much -- if not all -- of their free cash for the downpayment and closing costs of the purchase, and if they have to spend another thousand or two on essentials, they may not be able to afford the property.

For where I'm at in Socal, right now home values are below replacement value, which essentially means it's better to flip than to build new.

The fact is that the numbers are not favorable and property prices are high so you'd have to come up with large down-payments just to get into a property.Your investment capital can go much further in other (better) markets with higher rates of return.I strongly believe, as I advise all our clients, that good property management is essential.

And it seems many of the replies already posted have an element of "steering" to them - the user who posted is suggesting you pursue something like what they are doing ...

That "and" is essential.

Particularly, I love the fact that you essentially have three master suites upstairs (each bedroom has its own attached bathroom).

It looks like getting my real estate license would be a great idea and would essentially pay for itself after the purchase of the first property or two.

It is absolutely essential that you adjust your game plan on how to proceed in the new terrain of investing.

Thanks @Kara JohnsonRemember that there are 2 elements here:1) Price2) TermsThe greatest rate of return in real estate in on skilled negotiation.

You're essentially revitalizing a community and strengthening property values when you fix up a property6.