Getting Started in this Market

[James Solis]

Hi All,

I was living abroad Pre-Covid as a Nomad and moved back to the US (after 5 years abroad). Over the past year I've settled back down in my hometown in San Diego and have a child on the way. I currently work online as an agency owner but want to start transitioning into Real Estate as an investor. I have experience as a property manager from 2008-2013.

My concern about investing locally is that it's so expensive here in San Diego. I've had my eye on parts of Washington and Florida as a place to start the journey. 

If you were in my position:

• early 30's with a child on the way
• $125K allotted for REI
• living in San Diego
  

With so many options - House Hacking, BRRR, Flipping, Wholesaling - what would you do?

Also troubled with deciding to invest in San Diego (expensive) or to invest in different states that I have some attachment to.

Any tips/advice is welcome.