MF (depending on size) is a different game altogether.  

He has now mentioned that he wants to get back into the real estate game, and buy more properties later this year, which he agreed to have me come along to witness first hand how the whole process takes place.

This can be a ballpark number I understand it will vary.

I  have a similar game plan and situation as you.  

Check with the code violation manager, some of my cities where ok with a game plan others made you fix it. 

BTW I buy SFRs.If you want to take your investing game to the next level. 

Also remember, depending on your threshold, the further from LA you get, the farther your money will go, but also your commute.To start your education, I would recommend Long Distance Real Estate Investing, by David Greene - it's not the most concisely written book, but it would certainly give you a look into what it takes to be successful at it.As for me - Since I moved to LA a year ago, I have realized that the cash flow game isn't one that I feel I can do successfully and I'll continue to buy MF's back in MA in a market I know better.Good luck and feel free to PM me if you have any questions!

By the end of 2019 I am expecting the numbers to be 5.1Mil / 3.2Mil.i will continue secure more assets for 4 years then I will stop and pay down the loans, my end game is to secure a large 30-40Mil apartment unit complex.

The game has changed.

How often do people start off their real estate carriers with no skin in the game.