Cash invested: $120,000 Sale price: $180,000 Full rehab of single family home.

I have a 4 bedroom, 3 bath home in Southern California. 

However, once I get my own home purchase out the way, the next move is to start building a rental property portfolio. 

Luckily I only have one rental property in Colorado, but it's my second home where I rent out a room rather than the whole house, so it's really important to me to be able to give reasonable notice to a tenant that isn't working out, since I have to share the house with them when I am there.How are others responding to this? 

A friend introduced me to Mid South Home Buyers.

I recently moved to a home i was going to flip but decided to keep and make it my primary.

Good tips, thanks! 

I understand that Cap Ex is location and age of home dependent, but is it possible for this to be ballpark accurate for these times?

In the current market with the prices of homes being so high does it still make sense to be investing in real estate or to be accumulating cash and waiting to see where the market goes? 

To make a really long story short, I have just completed a Short-Sale of a single-family home a business partner and I built in Horseshoe Bay, Texas, right outside of Austin, Texas.Our Operating Agreement states that we are to split 50%/50% of all expenses within the business and treat any unexpected monies due as loans and paid back equally amongst the partners.