Hey Brad I see you're from Upland, is good to see locals posting on BP.I'm from Fontana and also learning as much as possible, you're right Bigger pockets is full of good information, lots of inspiring success stories.I'm working towards my goal of getting into RE investing, I currently own one rental house in Rialto, which was my personal residence and just rented it out when we purchased our current house in Fontana so I'm an accidental landlord but I'm now getting more serious about investing.Congrats on taking action on your first marketing campaign, I hope is a success and you get a lot of good deals and may be in the future when I'm ready I can be on your buyer's preferred list... lol!

Newbie wholesaler in Chicago taking action here and so far hitting my stride.

If you are afraid they might get it under contract from the open house, then you're probably not being honest with yourself about the price and are relying on luck rather than action to make something happen.

Do not expect the home in this price range and rent carry positive cash flow anywhere in the US.

Learn, but plan to take action towards making things happen. 

Difficult to generate positive cash flow at that cost.

The position exposed me to a lot of information.

Or I go the 1 MF property, put 25-30% down, get a loan, and I still would have positive cashflow but no nearly as much (at least for many years). 

By the time yup decide to split you may already be in a bad position.

@Tarik Turner you might want to consider finding someone who will do gap funding for an equity position.