One part that struck me was about capital improvements and placing your property in service.

You can buy 2-3 cash flowing properties with the capital you make from the sale of your house in Cali.

I could also tailor my building for highest and best use in my market area, such as capitalizing on an under supply of 1 bed or 2 bed apartments. 

Before we finalized the offer on the properties, we ran out a 3 year capital expense plan to account for improving the properties that need it, either with deferred repairs or value add improvements.

The 2 other partners would be putting the majority of the capital down and I would be the general manager.

They want 1.6m, but at a 7% CAP it works out to be worth about 900K.

Hey, I'm looking into doing BRRRR in Jacksonville, FL and I came across Bridgewell Capital, they seem to be a good option for hard money and even sell some properties themselves that they've already scoped out and can close in just a few days.

Here goes… If you are not a Real Estate professional, and your high income is from a different field, you cannot deduct “Passive Income” Losses.

(income or loss?)

Higher risk investors are looking into the west side of Atlanta where things are starting to turn and the city has invested lots of capital.