Hi I started a new s corp to buy fix and sell houses mainly in san diego californiaI started my first project as a corporation with a licensed contractor with worksmens comp, it was more expensive than when i was doing it as owner/builder with a bunch of subsAnyway the project was finished and sold but I need to finish a request for repairs in order to finalize the transaction.

After several months of hard work - we have finally finished the first version of the BiggerPockets iPhone App!

I just finished up with my first home purchase/investment which is a 3-family that I owner-occupy. 2 of the units were all ready to go, rent-ready so I immediately put tenants in and I did a $20k 203k loan to fix up my unit which took 3 months before I could move in and that is perfectly fine.

After calling him several times with addresses he never responded or responded late.

Is waiting until I have finished creating my on-line presence (website and FB) the wrong way to go before I start marketing to motivated sellers and absentee owners.

Here's something from Fannie's website:Gross building area, which is the total finished area (including any interior common areas, such as stairways and hallways) of the improvements based on exterior measurements, is the most common comparison for two-family to four-family properties.

But as of lately I've been doing tons of reading and research and I really would like to purchase my first multifamily investment.

I get $65,000 yearly salary for doing my job but lately I have been feeling that it is MY time to move on.

Also, some other considerations: Did you rehab it with higher end appliances & fixtures, custom finishes geared toward attracting better buyers, or is it more renter-friendly (average for the area & won't upset you too much if/when renters damage it)?

While I do have funds set aside to pay the mortgage in the event that rent is late, I like the little safety net of not having it all due at the same time.