Unless you are arguing that CA people don't invest to make money in real estate then you have to admit that CA has BETTER cap rates.Cash on cash for a property in Indiana that has seen flat rents for years on end will have an initial advantage on cash on cash rates over CA. 

I am based in Lafayette, LA and initially want to start as a wholesaler to learn the art of finding/making deals, while building up a war chest, them moving into flipping and finally holding property for the rental income.

Depending on your cash to initially invest I know Livermore is growing but the prices are high.  

Initially I began my investing career looking into fix and flips, then shifted my attention to the Notes side of the business.

Initially I began my investing career looking into fix and flips, then shifted my attention to the Notes side of the business.

Initially I began my investing career looking into fix and flips, then shifted my attention to the Notes side of the business.

Initially I began my investing career looking into fix and flips, then shifted my attention to the Notes side of the business.

If I'm to understand this correct under the Safe Act (in Texas) ***I can do up to 5 homes per 12 months of your initial deal before needing to comply with rules and regulations.

Is that a better way to go initially?

I initially found the deal on zillow as a foreclosure.