So now its time to play the hurry up and wait game, which is fine with me. 

I'm hoping to buy properties near my new location since im just starting out to play it safe.

I wonder though if anyone has any advice on how to get into rental properties and make it fair for all parties involved. 

View report*This link comes directly from our calculators, based on information input by the member who posted.Is there a way, I could make a profit off this property if I am playing 8000 for it

Comps do play a major factor in dictating the valuation of the property but like he mentioned, comparable cap rates is what is a large factor which boils down to the rents you obtain.

I make fairly good money for the work I am doing but it is getting harder to save money as the price of everything keeps rising in the bay area.

I am fairly new to BP, but have been eating up the podcasts, doing personal research, and working my way through a real estate book.

You can play hard ball and try to get more.

I have a guy that is fair so I mostly call.Plumbing past the fixture or soldering in a tight spot I call.

anyway I love that show as well.. but usually its investors being too trusting and not getting any verification other than internal reports from the sponsor.. the bank accounts don't lie and unfortunately when you go into many of these deals like Crowd funded deals you have no Access to the bank account.. so really its what ever reports they send back.. its only when you check the  actual bank accounts does reality come to play.