Rinse and repeat.My question is what do I need to do to get started?

I am looking to get into the real estate world in the short term with the idea of "house hacking" a duplex-quadplex with an FHA loan to start in the world of landownership.

I want to cut my teeth on my first real estate deal within twelve months of moving, and I am interested in starting my investment career with a fourplex.

I believe they stopped using knob and tube wiring sometime in the 40s.Roof - Of course in that amount of years, most likely the roof has been replaced at least a couple times, but this is also a big ticket items to look closely at.Plumbing - I think it was sometime in the 80s when PVC pipes were starting to be widely used.  

I think it really depends on your market and skillset at to where you want to start.

**Implementation** - Start working on your plan immediately

Hi David - congrats on getting started with flipping in the California market.

Here are some key points to consider:Accessibility: Residential properties are often more accessible to individual investors, especially those starting out with smaller capital.Tenant Stability: While turnover can occur, residential leases tend to have shorter terms, offering more flexibility if you want to adjust rents or change tenants.Market Liquidity: Generally, residential properties are easier to buy and sell due to higher demand from individual homebuyers and investors alike.Emotional Appeal: Homes and apartments can have a strong emotional appeal to buyers and renters, which can influence demand and pricing stability.Purchasing: Residential real estate will require a down payment of at least 10% of the purchase price. 

That's when my journey of maybe I will start having a rental property.

My husband and I are interested in starting a real estate portfolio, but figuring out what's the best niche in this area.