I spoke to him on an individual level after the meeting about a 1031 exchange that a family member is looking to move from one property to a like kind property.

I am hoping to connect with more like-minded individuals in LA and hopefully be on my way to acquiring my first rental investment property by the end of this year!

Individual spaces are also categorized.

In order for it to be an investment, a purchase would have to be completed by said individual, who would hold the property for a period of time for rental income, capital appreciation, or both.Even experienced real estate participants confuse the real estate business with real estate investing.

No one else here will be harmed by whatever you decide; good or bad.Don't take the decision lightly, but also don't just listen to the negative comments either.

Your LLC gives you a loan for the home : Is the LLC-A going to loan to me as an individual ?

Thanks, I'll try to break it down individually on the depreciation schedule.

Live in flip can work here but I have seen many DIY "improvements" in Moreno Valley that harm the long term prospects for the home.

Its an individual decision and also depends on the financing used to purchase and the permanent lender requirements for seasoning if any.

I have been gathering knowledge and networking with individuals in the area to get as much experience and info as I can for my first deal.