What makes you think starting in Section 8 is a good idea?

After that, no idea what's going to happen until my attorney responds.

Multifamily properties can be a great way to build wealth, but only if they align with your risk tolerance and lifestyle.Hearing from others who’ve been in similar situations might also provide reassurance and ideas.

Well, others won't want to either.You get the idea.

That is definitely a good idea and strategy!

If you do your idea on one property, you'll be sitting and waiting a long time to pay off that mortgage before you then use that money to buy another property.

Any idea of lead times? 

Would love to connect with local RE agents and have an idea of the market situation in SA.

Also what does the city say is the assessed value of the property on your taxes (it will be different than the appraised value, but should give you an idea).

We like the short-term rental idea because we could stay at the property ourselves when we want - summer break, spring/winter breaks, etc.Our budget will be right around $1M or less ideally, and we would like a short distance to the ocean.How likely is it that we could find a property as described above and have it cover or come close to covering the mortgage?