I have seen investors attempt to divide lots before to find out that it cannot be done. 

Do you have any books or podcasts you would recommend for someone who is attempting to figure out how to “organize the puzzle pieces”, so to speak?

I am attempting to purchase my first property in the San Fernando valley in Los Angeles and I after reading Rich Dad Poor Dad and listening to countless episodes on here I am interested in purchasing a cash flowing property.

Attempted to purchase more but was outbid.

you also get 70+% of the contracts signed.It is as simple as that.Lastly.. do not try to find a couch when you have done no serious attempt to figure it out.If you just open the door to REI and immediately go asking for a coach it is absolutely pointless.You need to have given it some serious effort so THAT you can legitimately decide if you need/want one, and also to evaluate whether or not that coach is any good.Most people will pick a coach based on popularity and the loudest barkers, instead of their lead generation skills.ANYTHING AND EVERYTHING REI boils down to Lead Generation...Period!

In an attempt to diversify, however, I would like to involve us in something else as well.

She moved out two days ago so we inspected it and the place is filthy with no attempt to clean and damages on top.

All of these rules around reserves and percentages are nothing but an attempt to assess these two numbers. 

If you’re a buy & hold real estate investor, a flipper, or a first-time investor, Development is definitely a challenge that has very little overlap with the real estate investing strategies you are most familiar with.In this post, I’ll go over my first-hand experience with developing a land investment that I purchased and the three issues I faced when attempting to develop.

To their credit they eventually make repairs, but they don’t attempt make an appt for an agreed upon time, they just tell us vaguely when they will be there (‘I’ll come sometime after work Tuesday” etc).