The Quartz counters in the bathroom and kitchen got installed today.Major Structural: -100% New Electrical (Wiring, Faceplates, Switches, Fans, Exterior Panel, LADWP feeds, etc) -100% New Copper Plumbing -New Sewer Drainage pipe to LADWP -Brand New Roof (1st layer, House&Garage) -Brand New Gas Water Heater (and moved from kitchen to outside of house) -All brand new windows -Brand New Doors -New Wood laminate floors throughout entire home -New lawn sprinkler system -Custom landscaping with new sod, colored stone, colored mulch, & plants/trees -New wood fence-Crown Moulding Install-All new baseboard installedEntertainment/Convenience Features: -New pantry -Laundry hookups in garage-LED Lighting & Bulbs Throughout -Whole Home Ethernet (Network) Pre-Wired -Living Room Sound System Pre-Installed (4x 6” Spkrs, 1x 8” Center Spkr, Subwoofer Hookup) -Living room HDMI pre-wired for wall-mount TV -6x Recessed Lights in Living Room -Each bedroom has 4x power outlets minimum -Firepit in backyard -Elevated concrete slab section for BBQKitchen: -Custom tile floor w/ pattern -Cappuccino Wood cabinets -Quartz Stone Slab Counters -Spice Racks -Trash storage drawer -Enclosed Surround for up to 36” Fridge -Recessed light over sink -Dishwasher hookupBathroom: -6ft DUAL Master Vanity -Cappuccino Wood cabinets (matching kitchen) -Quartz Stone Slab Counters (matching kitchen) -6 Storage Drawers plus 2 main under sink storages -4.5ft mirror -Custom tile floor -Custom shower/bathtub tile surround -2 Recessed Nooks w/ Interior Colored Glass

If you are buying properties at the end of Q3, you are going to have fewer "eyes" on your rentals; however, by purchasing early in the season (start of Q2), rehabbing and getting it onto the market (whatever you do to find renters) by mid-Q2, you have a lot of prospective tenants.Again, the numbers work or they don't, but if you are getting a great deal in December, make sure that the relative discount covers carry costs in the event you cannot get a wonderful tenant in the first 45-60 days.

@Jay lol never thought of that.Michael I have 4 rentals that are paid off so I can cash out refi one of my other rentals with no seasoning. 75% LTV  if the refi/appraisal does not pay off the HELOC I have $3,100 cash flow coming in every month off my rentals to help pay that off.

My short term goal would be to become a “Student of the Game” and to hopefully mentor under and add value to a seasoned local REI investor's business for free in return for their teachings, guidance and mentorship....this is priceless.Until that day happens, I would not be opposed to changing jobs and going to work for a company that acquires and flips properties or wholesales in or out of state.In order to attain my goals I have done the following:* Read the Beginners Guide to Real Estate Investing *Located 3 REI clubs based on testimonials and referrals.

Do any seasoned investors have any advice for us on our climb to the top?

Bank didn't require any seasoning on refi (done three months after purchase).

Learn from seasoned investors in the podcast shows. :) See ya!

I would not suggest it to a newbie,  however, many seasoned investors acquire single family homes in low to moderate income areas.  

I attended last year and found it to be a solid pitch-free event with a lot of good content and a room full of both novice and seasoned note investors. 

I can't tell how many ideas can be ignited just listening to the various seasoned investors talk about their successes (and failures) that helped them get to where they are now.