I used to dread the thought of managing my rental properties.

However, it would be cash flow negative if I were able to assume the mortgage or buy it with 20% down at the market price. 

I'd like to at least get something in escrow before the Spring.

With Proposition 33 potentially getting voted in, does anyone have the intention of looking in other areas such as Georgia for investments? 

The value on these lots are $15,000-$20,000 each What made you interested in investing in this type of deal?

Also, the myth of wholesaling does not often equal the reality of the strategy. 

Every day, it seems like more and more inquires, meetings being scheduled, showings requested. Exciting! Investors never stop! 

I recognize that the CoC return is not as high as we'd like, but it does come with some built in equity (~$100,000)Details:- 3/2 Single family house (1487 sq ft) with a 1/1 ADU out back- Zipcode 78745- Purchase price: $469,900- Down payment: $50,000 plus CC (includes assignment fee)- Seller Finance $419,900 at 3.5% interest; 30 year amortization with a 15 year balloon- PITI $2744.02- Rental comps: $2667 for the 3/2; $1505 for the 1/1 - LTR according to BP (Total $4172)- Repairs needed - minimal, coat of paint and maybe swapping a window unit A/C for a mini split

If its solely due to the zoning is this in a location where the commercial use makes sense?

Ned Lamont emphasized the role of homeownership in building wealth and community ties, with the average loan amount at $30,000 per household.Despite the program’s popularity, Sen.