Small multi-family properties in LA area are around $850k-$1.3mm in an area where I would feel safe to sleep at night and in a condition that would get FHA approved Scenario 2: we purchase a rental property in Fresno or out of state, with 25% down and aim for $100/month per unit cash flow.

This would probably look like a nice 6-8 multi-unit that my property management company could handle easily. 

I've been looking at Multi units online and I want to start since our multi aren't that expensive and I want to know if What's a quick way to see if a deal if a good one or just plain trash ???...

How is it functioning?

With that said, my 2019 goals are as follows: 1.Develop and prefect operational systems that allow me the time to focus on tasks best suited to my strengths2.Own and operate 500 units3.Synchronize my brokerage, property management, construction and flip companies 4.Put together my first large multi-family syndication5.Help a newbie establish themselves in real estate6.Invest in a new asset class, such as tax liens or non-performing notesThank you to everyone at Biggerpockets.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bpThe second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

@Wiley D'Spain Get your real estate license (about 2 weeks), then get a job making as much money as possible, not in real estate (this will help you get approved for a multi-family home in the near future).

I let tenants choose to mail me a check/MO/cashiers check to my UPS box made out to my LLC.

I have 3 multi families in MA.

Investment Info:Small multi-family (2-4 units) buy & hold investment in Compton.