I was looking to rent it out my current one at 1400 (cover principle/interest/property tax) to people I know.

I'm new, doesn't mean I won't be getting wholesale property to sell.the questions is 'Profit margin vs demand'If I'm the cash buying investor, I'd go for where demand is there and get reasonable profit vs just going after big profit margin, not knowing when the property will sell.I don't think it's a rocket science reallyIf you can understand how stock market works, same principle applies. knowing psychology helps where to look for motivated sellers too.I don't need any mentors, just some information.

Bought investment properties (8 of them), before buying my principle residence.IMHO, right now, 2018 spring, is a terrible time to buy.

to tie into this conversation, question on Principle and Interest?

One of the business principles of BiggerPockets is to be that mentor at no expense to you.

Don't give me the PrincipleS argument.

Going off of the principle that what goes up must come down I believe it to be inevitable for house to level out (even in CA).

UPB stands for Unpaid Principle Balance on your existing properties. 2% of the aggregate UPB if the borrower has one to four financed properties,4% of the aggregate UPB if the borrower has five to six financed properties, or6% of the aggregate UPB if the borrower has seven to ten financed properties (DU only).https://www.fanniemae.com/content/guide/selling/b2...https://www.fanniemae.com/content/guide/selling/b3...

@Issa Elkhatib, in principle I agree that the same rules that will work for Wholesalers in finding a deal (in order to on-sell it to either a flipper or buy-to-hold Investor), will work directly for the buy-to-hold Investor, thus cutting out the middleman! 

One of the sections they drill in your head is Real Estate law and Principles.