Similarly, quality dividend-paying companies often retain some earnings to reinvest in their business, increasing the company's (and your) value over time.

I don't have any specifics but as someone who is into tech, accounting/finance, and a consultant to grow businesses.

I would like to learn the business.

But I really see this as just business-  I want the best market I can get into. 

One of our favorite discoveries is that IT'S TRUE, dream opportunities DO land in your lap, the longer you're in business! 

You’re running a business not a charity after all. 

And even if I do not get into the renting business I can make some profit if I decide to sell the property at some point.

I have sold a couple of businesses as well, and speaking from experience, you are never more vulnerable to make a mistake than when you are sitting on a giant pile of cash.Also, I agree with @Corey Conklin - I'm a big fan of "overflow cities/towns" in the sun belt.

One thing to consider is that in terms of wealth building and Kiyosaki's Cashflow Quadrant, owing a rental and doing work yourself is putting you in the self-employed quadrant, not Business Owner or Investor.I think there are a lot of factors stacked against California for long term rentals, and I think you know it too! 

When I asked for a loan, they asked if my business received money in Euros.