These loans often offer competitive terms, including lower down payments and longer repayment terms, which could be beneficial for your situation.Creative Financing Structures: Consider exploring creative financing options such as seller financing, where the seller acts as the lender.

You can also try to house hack in orange county but that will not cash flow even after you leave unless you set yourself up to try to break even as much as you can for when you move out.

If I'm working with my leases, I do an amendment to the lease addressing any changes including new rent, who pays utilities, additional fees, etc. 

So, I recommend that you manage it carefully to make sure that you run as close to breakeven as possible.The second issue with any corporation (including LLCs filing as S-Corps) is having the corporation own rental real estate. 

Yes, I have my assoc. broker license, but I want to break away and be on my own.

Hi BP community, I looking to break into the Fix n Flip REI strategy and I have a few questions. 1)  What is the first thing I should do?

I would want to break the law in any means.

Promising areas to start may include cities or regions that combine population growth, economic stability, and strong real estate trends.Remember to conduct thorough due diligence on any market you're considering, and consider making a few visits to potential areas to gain a firsthand understanding of the local dynamics.

Charge the tenants a higher rent rate and include utilities with their rent.

Just search the name of each and you will find a link to their calculators.Remodeling Calculator offers a detailed guide and calculator to estimate the costs for various aspects of building a house, including roofing, siding, windows, HVAC, flooring, kitchen, and bathroom expenses.