Investment Info:

Single-family residence buy & hold investment.

Purchase price: $189,000

Cash invested: $40,000

Sale price: $320,000

This was my first investment buy & hold I purchased. I...

Maybe you just need to drive 30 minutes to find a pocket of opportunity? 

Here's a breakdown of my current position: Pre-approved for a loan up to $170k  $28k saved up Looking for a small multi-family (2-4 unit) that needs work I work full time as a salesman at AutoNation (DRIVE PINK!)

Each will be 5000 square feet and shaped like McDonalds and yes with a drive through.

We are looking anywhere within about a 3hr drive from Los Angeles so we can go check on the property when we need to. 

Not sure how long it will sustain for.

With the driveway down hill toward the house we have two choices:a. back the pickup in rear first so as the be able to drive out forward.b. park the truck in the driveway front first which requires backing out.

A quick search on the BP forums yielded zero results for meetups within 50 miles of me (13790) and only results over a year old anywhere within a two hour drive.

If you're not riding bikes or driving around and physically looking at properties (boots on the ground) you're doing it wrong.

I tell them to do a drive-by to see if he likes the area (to make sure he's on board and not wasting either of each others time), but I don't know what's next.