The gulf coast is a great market and offers opportunities in all 3 areas.

What else should be doing in terms of tech, CRM, networking, social media and marketing to have max effects on mentee locating, market identification, tenant marketing And deal finding....

I've ran the numbers, we would get it for around 35k, about 35-40k in repairs and the ARV is right around 120k depending on the current state of the market.

I would love to hear more about the midterm rental market in LA.

I've spent the last year following the real estate market and learning more about it, finally feel ready to make the jump to invest (especially since the deals are coming out to light). 

We're correspondents with dozens of DSCR Lenders I'll leave a few quotes here.I shop the entire industry and usually find the rock bottom best pricing....

The 5% is more of an industry rule of thumb, 10% is what I try to do, but I am more conservative and don't take any Distributions or Draws from my Real Estate.

Learn the basics of financials in RE, build a strong team on the ground, understand the ins and outs of RE and what market your in, understand how to actually flip the home and what strategy you are doing (Highly recommend the BRRR) as holding homes is where the money is made.REAL ESTATE IS NOT EASY!!!

Purchased off market for 180k, EST rehab 40k, EST sale price 279k.

So I took action, I know nothing, so I thought the fist step would be talking with an agent and get an idea of the market value, make numbers, and then look for options to finance the asset.