REI Newbie and Doc from the OC

[Vu T.]

Hi guys, I'm a doc living in the OC looking to get into REI. Been reading books, listening to BP podcasts and trying to learn as much as possible. This quest even started after having realized I have no retirement plan, and my sad 401k is probably not going to cut it.

Like many, I'm having an inner battle of investing in CA or out of state (OOS).  My plan is mainly buy and hold so I have something to be proud of in 20-25 yrs.  OC is pretty much horrible for new investors like myself, even on a doc's salary.  I've been thinking of TX for awhile, either in either Collin County or Hildalgo County.  But reading up about the possible logistics nightmare of long-distance management, especially for a new guy like myself, is making me pretty nervous.  Which brings me back to the Sacramento area as a possible location.  I've lived there for 2 yrs, fairly familiar with the area, as well as have family and friends there.  Although Sac is more affordable than the OC, I'm still uncertain about its growth potential.  I mean we hear about businesses leaving CA all the time for places like TX because of the harsh CA business climate.  Having come from a family of small business owners, I can attest to how horrible it is to be a small business owner in CA.  

Any help and tips would be appreciated! 

Cheers