The good news is that there is an unusual split in the market now, which won’t last forever, of which you can take advantage.Residential properties, at least in SoCal where you own, are still selling for relatively high prices.

I highly recommend finding a market that is landlord friendly, cash flowing, doesn't have regular catastrophic events, property taxes are low, insurance rates are under control and you like the area.

If you are reading this and not quite there yet I highly recommend following this route if possible.

Use the left over money to put towards another investment (whether it is real estate, stocks, or even a high interest savings account).3.

With experience you can defintely find fix and flips in the high 9's but mostly you'll be 12.5-14.5%

First thing is that you will have to pay more for a property manager who is competent with voucher recertifications, inspections, and is actually comfortable working with that population.

I hear the BP podcasts reference interesting data points like; price to rent ratio, time on market, vacancy rates, population growth, etc.

Sure, look at the data on population, jobs, and rent, but also hit the streets and chat with folks.

Consider taking advantage of high interest rates by buying first trust deeds, currently paying 9.5% and outperforming most new rental purchases.

That being said I'm planning to post a case study of how I helped my brother-in-law, a Contractor with a small 4-man team, go from struggling to $46,000 in new business in a very short time frame.If I had to write a highly click-bait worthy headline for this case study it would go something like...REVEALED: Struggling Contractor Signs $46,000+ in NEW Business in 7 days for FREE Without Paid Advertising Using This Simple 3-Step SystemI'm a glutton for memes, dad jokes, and anything that pokes fun at how ridiculous us marketers slice and dice language and communication in our marketing :)

My brother-in-law specializes in building patio covers, fences, decks, pergolas for residential homeowners.