( this is very critical as you will find out exactly how motivated they are to sell. )What is your asking price for the home?

I feel like the marketing aspect for real estate investors is getting outdated and I want to change that.Getting deals in San Diego IS very difficult but there's so much opportunity.

Welcome to BP community @Kyler Pace It is a great place to meet new friends and learn about various aspects of real estate and more.

Reserves would certainly be one aspect of this, or lines of credit against equity in other properties, or perhaps certain properties in your portfolio that are more liquid and/or earmarked to be the first to unwind (sell) to free up capital if unexpected events lead the total portfolio towards a possible crunch point.Overall it appears to me that zero/low cash flow properties may only offer better risk/reward in a larger portfolio or where cash can be found from elsewhere (salary etc) to guard against negative events.Thanks!

I have read RDPD and I definitely agree with you on that aspect of living in the area.

The mistake I see most new real estate and note investors make is not understanding or having knowledge of the legal aspects of real property ownership and of debt financing.  

The type of loan is critical here.

Been going to networking meetings, but it is way out of my comfort zone to talk about what I'm looking for...especially as it relates to the financial aspect of REI.The reason I'm exploring wholesaling is because I have such a hard time asking people for money...

I enjoy the hospitality aspects and would feel better with more overhead but in-house presence to keep a close eye on the property (and take advantage of conventional non-investment financing).  

Having said that, while I feel pretty confident in the fund raising part, there are so many critical components of syndication, I would at least like to have a good mentor/coach available on speed dial.