You're definitely in the right place, and I'd like to congratulate you on getting started.Through the knowledge I've got in this community, I've been able to get into real estate, and in the past 4 years, I've generated over $1M in net profit by wholesaling vacant land.

You can set up a management company if there's a purpose, such as generating qualifying SE income to fund retirement accounts and such/I highly recommend working with a REI tax strategist to make sure both of these are appropiately setup.

So, even if the the SD property was generating the exact same positive cash flow as the Raleigh one, you'd be seeing 4.05% less of it.Hope this helps...

See article here: https://www.sandiegouniontribune.com/news/politics/story/2020-07-21/san-diego-approves-regions-first-tiny-houses-law-to-help-solve-housing-crisisI’ve never heard of something like this, but does anyone have any opinions on this as a future way to generate more cash flow?

We kept it for a while as short term rentals generating $96,000 per year.

Ultimately we've decided to sell because: the cash flow would only be marginally positiveeven with property management in place it would be a hassle not worth the $/hr it generates, and pulling out the equity will allow us to put that equity into more syndicated commercial deals.

This causes you to buy overleveraged using different financing strategies which allows low down-payment, fr example.There are lots of income-generating real estate strategies you can use to build up your investment capital.

Use wholesale income to generate larger reserves and then>house hack multi-family>scale multi-family empire over 5 years

Facebook can also be STUPIDLY powerful for selling flips, networking (which you should be doing on Biggerpockets as well), and generating motivated seller leads. 

I still don't have a good estimate of the rental prices, Zillow is suggesting a number but I don't always rely on it.If the renting out the property generates cashflow, then I will buy and hold.If the property does not generate cashflow renting it out, would it be profitable to buy the property and resell it, since it is on foreclosure?