Quote from @Marshall Leipprandt:
@Trevor Marvin Congrats on graduation and getting involved in the real estate community! I've got a few questions before I can give a proper response:
1) Do you plan to stay in LA for a while?
2) What are your goals with RE investing? Do you plan to work in RE valuations or continuing in the corporate track for the long-term?
3) Why invest out of state? Because of the cash-flow or just because it is what you can afford right now?
I'm 29, but was in your shoes not too long ago. I've got several properties under my belt now and recently transitioned from my career in Finance in the Air Force to a full-time real estate investor and agent in SoCal and the FL Panhandle. Shoot me a DM or email if you'd like, I'd be happy to talk about my journey and experience and provide some advice if you think your path may take you a similar route as mine.
I would love the help and advice, Marshall. Let me shoot you a DM with this information and we can connect. Short answer for others wondering:
1. Yes, I plan to be here at least for 2 more years but so much is tentative
2. My goals with RE are to work in the industry until I don't have to and can focus full time on investing--maybe even start a small fund one day after gaining continued experience in the industry and on my own time.
3. I could only afford a property with an FHA loan in CA, and the prices are still so inflated that finding a property that cash flows even after I move out is seemingly impossible right now with my resources.