@Andrew SullivanTo begin in real estate, check your financial situation first, learn a lot, start with small steps, look into smart ways to fund your investments, pick the right places to invest, have clear aims, join groups of local investors, take smart risks, keep going even when it's hard, and be ready to change.

You can start with reading his books (Multifamily Millions) and go to a local seminar when they are in town.

Are you changing layout and have to move drain lines, gas lines, water lines to new locations?

I attended seminars, joined meetup groups, and regularly invited local professionals for coffee to learn from their experiences.

Look for local meet-ups and networking events. 

We got the property off market at a great price and decided that the location and future opportunity outweighs the benefits of a quick resale.

Do your research on the location very well.  

I’m a real estate broker located in San Antonio, TX getting into land flipping.

That is really the way that YOU will manage the property as opposed to how the property management company did it.Good luck with your rental unit because there are a lot of laws that affect the CA landlord and renter, including more city/ local areas.

If there is anyway to move to a cheaper location in CA or out of state that would make your $50K go a lot further.