But for large multi-family, that amount hardly covers your legal fees for one transaction, let alone down payment, due diligence costs, lender fees, other closing costs, etc.

If I can make a suggestion...Yes with 3 points you might be able to get into the 6's - but let me give a quick example:Let's say loan amount is $250k and making some other assumptions, paying 3 points down would cost $7,500 however that might only save $195/mo. 

They are not allowed to buy a home due to tax and immigration reasons, so the company gives them a set amount for rent each month along with paying for other expenses. 

When you want coaching, you sign up for and pay for coaching in the niche you want to crush in and you shouldn't do that until you have tried a decent amount on your own, gone to meetups for a year, and figured out what you want to do first.Wholesale coaching is out there, but there are a lot of charlatans.

So yes, to me, CA has a SIGNIFICANT amount more of homeless than what I am used to seeing, because IT DOES. 

The amount of reading and information you have to consume to sit for the exam is bonkers. 

If you think you'll hand it off to your PM to run and take the great amount of passive income as your great reward, there is so much more to it.  

But if you have to jump through hoops or spend a significant amount of money to put it in might not be worth it. 

Welcome to the community and be ready for a huge amount of information at your finger tips.

Seriously, it's important.And as mentioned above, the amount of rent you receive on multi-family properties is based on 12 month rental comps.