With easy access to financing, great connections in the contracting world, and good cash flow from my job, I'm on the hunt for the perfect first deal.

If it's a short distance from road to house, easily accessible, no trees, etc., you should be able to get the job done for around $2,000.Hope this helps.

Correct me if i'm wrong but the main reason to get a license is to have access to the MLS?

It will give you access to the industry and possibly some sweet deals:)

If you have access to a HELOC on your house it would be a great way to be ready to write a check, under market value, before they start marketing it through a realtor.I live in a little bit more upscale neighborhood, but if there was a market for rentals in that price range I would buy every house in the neighborhood when it came available.

The HOA has no restrictions on rentals, I work for the builder building the units so I have access to the CCR's.

Originally posted by @Sean T.

I find the L-T laws in Washington are reasonable and are landlord friendly or at least evenly balanced.

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Hello,I'm gearing towards making my first deal for buy and hold and I have come up with two different approaches to make this happen in my market, Los Angeles area.Scenario 1) Buying a fourplex with a 203k Loan locking in today's low interest ratesScenario 2) Buying a fourplex using a private money lender, rehabbing it and refinance using an FHA loanA couple things to consider are low money down available, access to contractors at good prices and time availability to use this BRRRR approach.What are your thoughts on this?