By putting 10% down I probably will be less than breaking even every month ((like an extra $800-900 per month at very low/conservative rent prices)  with the building fully tenanted (as is condition not counting value add with renovations). 

I think you will need to participate in the meetings yourself to determine if they are worthwhile for you.Go to BUILD YOUR TEAM at the top of your screen and you can search for other MEMBERS or LOCAL MEETUPS.

You hardly build any equity in your first year, it makes sense to refi only if the rate is substantially lower or if you can get rid of mortgage insurance.

I wouldn't rely on information here as we haven't seen your building nor understand your bigger goals but this is not something I ever recommend my clients to do....even if they have a few deals under their belt.

You really want a rookie putting a waterproof seal on the top of a building?

He wants to purchase a single family in LA county that meets criteria in regards to zoning and size in order to to build 4 homes/units.

Personally, even with interest rate uncertainty and election year hysteria, I am building a stronger and stronger conviction around the fact that I need to get a little more aggressive in acquiring more income properties.   

Pull a building permit.

I will have one apt from time to time with a Section 8 person but I would never operate a Section 8 building.

.- Tax Benefits: building deprecation, cost segregation, write offs etc..- Principal debt paydown: tenant paying off your loan.- Cash flow.Once the above are all added up, your true Rate Return will by far exceed your returns with stocks.Now regarding the different type of real estate, that depends on a lot of factors and mostly on your financial goals and where are you in life today.