Falling on your face a few times will also teach you a lot about persistence.

(Images shown are of completed homes in the same subdivision and accurately represent finishings, style, and floor plan) What made you interested in investing in this type of deal?

(Images shown are of completed homes in the same subdivision and represent finishings, style, and floor plan) What made you interested in investing in this type of deal?

For example, if a lot of people are buying $150K homes that are ranch style, brick construction with a basement, then focus on areas that have those houses with great school districts.Also, focus on areas that have low DOM (days on the market) as that indicates a hot area.If you want to be more sophisticated about it, you have to also watch the new foreclosure filings - as that is a leading indicator whether the area will have a potential to go down in price over the next 6-18 months.Lastly, stay away from areas with predominantly new construction or houses that are very new (less than 3 years old).

I found a nice 4 bed 2 bath but I think I might need to do a bit more convincing for the house hacking life style.

If you don't know how, teach yourself. 

It will teach you the basics of a deal and allow you think bigger for the next one!

You will work for a lot of different supervisors with different styles.

@Tim Johnson, does your cost breakdown specify details like paint product, alignment of bath mirrors/lights/faucets, and style of baseboard corners? 

@Christine Sparks This one is a little more on the relaxed side of networking, no teaching at this meetup https://www.meetup.com/Los-Ang...