I have been doing tons of research on real estate investing watching a lot of the bigger pockets webinars.

Not necessarily looking for cheap, but looking for reliable, fast and not too expensive ;)Any resources that the members here use to find them?

Scotsman Guide has a great resources.. you can search which lenders lend in your states, and up to what %LTC / %ARV, their parameters, etc..

Welcome to Bigger Pockets!

@John Watson  Welcome to Bigger Pockets.

Congratulations, you have found one of the most valuable free resources on the internet for real estate investors new and old.

We have recently seen an influx of investors from out of town, which shows me that the 3-4% cap rates, with negative cash flow, in the bigger markets of California aren't going to be very sustainable.  

Welcome to Bigger Pockets!

So if your payment is $1,100 and you add the above numbers to that, your cost to properly maintain your asset you and your wife worked so hard to acquire, it will put you in a negative cashflow.Most investors look for at least $100-$300 cash flow after figuring all the above.I would encourage you to check out Bigger Pockets Rental Calculator and do a little more searching before you jump in to the above deal!

I haven't exactly forged an empire that will create generational wealth. ... but I evaluated a deal, made a pro forma, and decided this was a minor risk I could afford to take, but it feels so much bigger than that.