Correct (remember like kind simply means any type of investment real estate)2.

We want to do BRRRR with a property, ideally we would create enough equity that we would be able to get back our entire $75,000 investment along with creating cashflow.What do you guys think?

We want to do BRRRR with a property, ideally we would create enough equity that we would be able to get back our entire $75,000 investment along with creating cashflow.What do you guys think?

There are definitely opportunities to improve your chances of purchasing a property as an agent but you have to remember in California it will cost approximately $5,000 a year to maintain your license.How long have you been a pharmacist? 

We have some leases coming up soon, and tenants have been less than ideal to say the least.

Ideally planning to buy and hold in an area with stable and rising rent prices, but flip in a depressed market.

(I remember posting a while back about basements and the potential for them to become storage for garbage the tenant doesn't want to spend time or money disposing.)Go ahead and alter your lease for future use. 

Ideally you want to buy something distressed and vacant.

Remediation happens first and then from what I remember is signed off by the DOH.If a test run and over a certain number of "units" are detected then remediation has to be completed.

Remember, you make your most profits when you buy---be sure and buy right.