Let’s say that you purchase a 3 bed 2 bath 1500 sq ft home with a money partner who gets a loan.Purchase Price: $100,000.20% down payment, 80% bank loan at 6.0 % interest, 30 year amortization.Your principal and interest payment is $599.55 taxes and insurance about $150.00PITI monthly payment of about $750.00Now you advertise that you have a 3 bedroom, 2 bath home for sale (on a lease with option to purchase agreement).

There is lots of free educational material on BP.

The construction materials (it's an old building) are the same and we even share a load bearing wall. 

Also, should Craigslist be the main forum for advertising the vacant rooms or are their other platforms people have used in the past that have yielded quality tenants?

Material misrepresentations or omissions on the Application will constitute a default under the Lease or Rental Agreement between the parties.

What i've tried - Deal Machine / Driving for dollars. Didn't find it to be worth the cost. i had somewhere between 150-200 properties added on deal machine that i hit with 6-7 postcards and got a 0% response rate. I g...

Something else to consider, depending on how close to the ocean you are - the salt air will take its toll on building materials. 

What are your expenses as a realtor starting out in Los Angeles (realtor fees you have to pay, any extras you pay in advertising, etc) ? 

More details under my profile as we're not allowed to advertise in this section.

I have a small moving company I can offer discounted transport of material or junk removal for advice !!