While California may present some challenges for investors due to high property prices and competition, there are still potential opportunities, as well as options in other states.

In addition the real estate agencies are under heavy litigation for their high commissions and price fixing.

Hi Julia, Starting out in land flipping can indeed seem daunting, especially when you're facing high costs for educational resources and feeling the pressure to make smart investments without a solid foundation of knowledge.

I see so many assumable loan which seems like deal, but I am unable to take it as my DTI is high due to primary property etc. 

My goal here was to replace all major components and renovate to a premium level finish in order to charge market rent.By installing high quality finishes, I am setting this property up to be a low maintenance long term hold 📈What kind of renovation costs are you currently spending on your properties?

CA has very high LLC fees so some find other ways to do it, such as LP's.

In my opinion, staying highly organized and building systems/processes is the most viable part of dropshipping.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Investing is highly individualistic.

But if you insist on LTR, I recommend considering areas like Marietta, Decatur, or Acworth which have a pretty high LTR rental demand right now.