In my market in Northern NJ, specifically Bergen county, in the last 2 years intently searching the MLS exclusively, I have only found maybe a hzndful of deals that comfortably produced a Cash on cash return of 8-12%, and one of those I currently have under attorney review.

Fully renovated and now producing cash flow each month.

Since the down payment was not enough to pay off the existing loan, I signed a land contract that gives me the ability to rent out the property and produce monthly cash flow until I refinance to cash out the seller.

It would have produced via both if not for getting hit by the two hurricanes in a fairly short period of time. 

The farmland values in the big grain producing states... that's the canary.

Overall, Zillow's execution doesn't seem healthy, creative, or savvy. 

Hi Kimberly,As far as being a client, nothing there would dissuade me from doing business with you.I doubt many people will care either.If California says yes--go produce and make as much as you can.Good Luck!

How long before it starts producing income?

The deal produces positive cash flow as the property value increase in a landmark building and popular neighborhood.

All the while, you always have control and nobody else, not even your attorney, can manage or sell your property except for you.If you need to prove ownership for financing or any other reason, you simple produce your company documents as well as your banking and accounting records.