Starting out in California

[Aaron Hill]

I have been looking for opportunities in and around Placer County, since that is where live and it seems like there are not a lot of investments that would provide any sort of reasonable cash-flow around the area at the moment. From what I have seen, the rent that can be charged would barely cover the mortgage in most situations... I am thinking that it might be a better idea to look for rental properties in a different location even though that would mean hiring a management company to look after the property on my behalf. Can anyone offer advice for buying in Placer? I would like to keep it local so that I can manage it myself.