Newbie based in California looking to invest out of state.

[Kana Watanabe]

Hello!

This is our first post. We're very excited to be here. Neither of us (my husband and I) work in real estate but we've always wanted passive income from "buy and hold" rental properties. We're interested multifamily units (i.e. duplex, triplex, etc.), mobile home properties, and traditional single family homes / condos. We live in California and know it's VERY expensive, so we've decided to invest out of state. Every market is different and trying to figure out the best one for our humble budget is becoming frustrating if not overwhelming... (sigh) However, you have to start somewhere so here we are!

We have so many questions:

- Recommendations on investing out of state? *Already read David Greene's books. Looking for additional experience / insight / perspective. (No two paths are the same)

- How is Covid-19 affecting your market? Higher prices, lower supply?

- How is Covid-19 affecting landlords and their ability to pay mortgages? Has anyone seen an increase in rent delinquency? Is there relief for rental property owners?

- Are there special loans for mobile home parks?

Thank you for taking the time to read our post! We look forward to connecting with you.

Kana & Landis