@Sakib KhanRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

As you've mentioned, great schools, area in general is nice and it's centrally located.

We develop/Buy Self Storage locations. 

We are General Contractors and part of why my cost for the conversion is so low is because we have the resources to pay at cost and the property is located in a county with lower labor costs than other parts of California.

If you plan to attend college that location might be a great place to start.

If entities are disregarded, you can keep up with more than 1 in a single QBO account using the location/business feature to keep track of them separately.

Sounds like a good plan, should have plenty of options available.I would be cognizant of any group you talk with on two areas, the location of the property including any potential concerns of it being 'rural', as well as the minimum purchase price and/or minimum loan amounts.

@Jeffery JonesYou should reply with what market you are located in or the one you are looking to invest in so people from that specific market can give your their thoughts and point you in the right direction.

With rates coming down should help some sellers off load over priced properties and will help buyers get aggressive with good class A and B locations.

There are a few banks in HK that are also located here in the states.