Your best returns with the lowest headaches will be SFR in a non HOA area :)

If you are graduating from Medical school and starting a residency, typically you will match in March and get your contract in April/May. 

@Matt J.As an out-of-state investor in San Diego, key tax and legal considerations include filing a California non-resident tax return for rental income or capital gains, managing double taxation with potential tax credits from your home state, and complying with withholding requirements on property sales.

It seems like you've proven yourself completely emotional and totally non analytical.

you have to calculate the interest costs.and.... it makes zero sense whatsoever to buy something turnkey with that much leverage. none. you'll never, ever pay back the HELOC with the non-existent 'cash flow' from the property.just trying to be realistic. the market is unforgiving right now.

Fannie Mae and Freddie mac won’t allow you to close in the LLC or non-reporting loans.

Hello, all. My wife and I have owned and managed STR condos in Carolina Beach and Wilmington, NC, for several years.We are looking to purchase a restaurant in north Asheville. The sellers were under agreement with ano...

Study up on warrantable vs non-warrantable condos.One idea I think for a fresh grad, is to find a great RV park operator. 

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

Pretty solid points here, I would also like to add refinancing with a non-traditional DSCR based loan can assist with getting access to cash quickly as there are many lenders that have a lower seasoning requirement.