San Diego Real Estate: Too Much For a Newbie?

[Alex Cutler]

I'm about as new as it gets to real estate- I'm hoping to do a house hack/BRRR on a small multifamily. I live in San Diego and would love to get something local but is the market here just too expensive to be worth it/create cash flow? Thinking I want to put down no more than 150k in down payment. I'd love to hear thoughts on this as out of state investment may be the smart way to go in such a hot market!