@Maria Moyathere's a lot in your post... let's completely forget about "getting into real estate" for a second, and try something different. 

Something's gotta change and for now, I think it's gonna have to be me ; ((

I don’t have cash for the down payment so what you just said is something similar I had in my thoughts.

Would love some feedback if I'm missing something here!

We are seeing less and less flips in LA because even at cost, construction costs are high.However, we are starting to see some opportunity because the owner users who wanted fixers have either already bought something or no longer have the cash/time to buy a fixer themselves.It is unlikely there is a crash coming in Los Angeles.

Contacts I've have and done deals with I reach out to when a big client is looking for something specific and has a unique set of problems that require some work to solve but have a big upside when you know the process from A-Z and how optimize a deal.

I'm not really sure why the OP would want to do something that would result in a passive loss (that may or may not be deductible against other income) and active income subject to SE tax, but I don't know of any tax provision that would prohibit it.

This is something that I know i can do and have been wanting to do, I am just trying to figure out my best route to take to fund it.

Jeremy Rosen  A new listing with no reviews will also give alot of guests pause so that is something to consider.

Totally unrelated things, hoping something sticks.