From the rental perspective I want to do cash also and hold those long term.  

I'm a SD resident entering the game and buying two SFH's in the KC, MO suburbs and am looking for recommendations on local (San Diego) CPAs that specialize in REI, and specifically have a knowledgeset for investors with holdings outside California.In addition, as someone starting out with their first holdings, any recommendations on things to specifically knock out right off the bat with my new CPA would be much appreciated!

At this point I can tap bank loans for much more favorable terms so I should probably hold off on any seller-financing deals until that no longer becomes an option.Overall, the deal seems lose/lose.  12.5% locked in for that long does seem like a low ROI for the seller (especially considering interest rates will likely rise significantly in that time), yet still too high for me for cash flow purposes.

I am Taylor and am looking towards investing in long term investments, house flips, and general real estate investing. I have no prior real estate training, but am the product of those who have reasonable success in t...

What hurts Investors that use this formula is it does not account for Holding Costs, Backend Selling Costs, etc.

If you intend to buy and hold study, know and fully understand all state landlord/tenant regulations before you buy your first property.Other than that my best advice is you need money to make money.

with a long term hold investment,(Rental) I did come upon this in Zillow of course, " Amatuer" lol, but do cross reference whatever I see with many other sources which probably are just variations of same. 

Maybe not right away, maybe not for a long time but eventually you will get burned and if you get burned on a property 2,000 miles away everything is more expensive because you are paying someone like me to do it for you and I do not work for free.Investors with small portfolios need to know that they can afford to cover the holding costs of the properties when there is no rental income.

Account Closed  As of today I have only stayed in the Keller area(Buy and Hold), however we do have one house left over in So.

Turns out I sucked at flipping houses but I'm pretty good at rehabbing multi-unit properties and then holding them long-term, as a landlord.The most important lesson I can share is "you make your money when you buy the property".