Why not rent out the extra bedroom you have now?

I just needed some extra re-assurance while I'm looking for property again!

I want to earn stable, passive income that can afford me time to enjoy my life, and pursue other deals.  

I earned my BA an AA and AS is three years from accredited institutions.

Either have quality from afar or run a more problem property locally for increased cash flow yield.Constant traveling far away to a lower class asset on continual basis will suck away a lot of your time and cash and you have to build that in to see if the extra risk is worth it for the upside.Investors like to keep problem properties close to home and re-cycle capital.

These wholesalers actually earn their fee and operate based on a solid business model. 

Never know, they might not do much but might give you an extra 500$ toward that problem.

I am also from San Diego and would love to go back a few years and buy some extra properties.  

ie. extra cash out means no hole!

He will hopefully have extra equity built in to the deal but the difference between a $30k and $40k house market wise may not be anything.