@Dave LeeDave, If you are 2hours away from the jobsite, T&M would not be efficient for you. 

I see these sold with not enough years left before the option hits to get the capital back.I typically like to stick to ground leases or fee simple NNN.

As far as timing the market, I missed the crash and there's a chance another one will hit LA. 

example a place sold for $300K then gross rental income would need to be $3K per month to hit the 1% rule. 

Hit them every month....seriously....every month, maybe more, with a postcard.

That will make up most of your deals going forward unless you jump into a niche without their involvement.If you'd like to do some work for me, hit me up via PM and we can chat.

This was really hit by Brandon's talks about swinging hammers and doing a lot of the work himself.  

With the likelihood of water hitting those floors, hardwood floors will certainly take a beating.Well-installed tile with premium grouting can last you for decades.

In Canada, if you down less than 20% you get hit with the CMHC.My deal  Property 300,000      Down 10%      CMHC Property now 330,000BUT if i only down the 10% i can purchase another.

It's best if you get this lead before it hit the market.