One more thing, especially for people who don't meet my criteria, besides more deposit is required, I also do a interview with them, not interrogation style, more like a friendly conversation to figure out their situation.

For those with using Buildium for property management software, do you use Buildium's public site or do you use a website you have made and maintain?I'm currently using a website that I created 4 years ago, posting va...

With fully paid-off properties and significant equity, your options are wide open.I had a friend in Connecticut who ended up investing in Phoenix and he was in a situation much like yours - an inherited property and equity to work with.

You’ll also want to know how they handle rent collection and late payments and if they can provide references from other investors they work with.A good investor-friendly agent should have a strong network of professionals like contractors, inspectors, and lenders to help with your investments.

I'd also suggest speaking about Real Estate with friends, family, neighbors, and anyone else in your sphere of influence. 

My son wants to move to Sacramento, his friends family lives there. 

Try to get some experience by helping your friend with some of his projects.

A friend of mine in San Antonio had a similar situation.. she inherited a vague commercial lease and learned that the rules differ big-tiime from residential.

Watching your moves like a hawk and hoping to learn more lol thank you friend.

NV is a landlord friendly state with no state income tax and the 4th lowest property taxes in the US.