Account Closed Thought of interning at a title company or attorney's office who ever handles it in your area? 

To be honest, I´m in the Maintenance & Construction for corporate businesses for some US companies in Mexico and we do some Real Estate down here also, but it´s way much different than the US, so I have much to learn from a lot of people around here and as @Julio Gonzalez, I think this is pretty much the right pad and place to start and to break my fears to start all over again from scratchAlso, I´ld like to hear more from @Justin Brickman why he voted for his city, pros and cons, it will help to read from a local...As I said before, thank you all guys for taking the time to write in this post and share some experienceDo you plan to owner occupy. $40k will not get you a non owner occupied San Diego property unless you find some unlikely alternate financing.

Can anyone recommend some companies with a track record like Praxis?

If you are interested, I can give you some names of companies that can help.  

I have been with a property management company for 2-3 years in Arizona and the property is being run continuously at a loss.

Also do not take documents off the internet, get an attorney to draft documents for you and also always close with a title company. 

My company accepted a tenant with a horrific credit score because we heard her story.

The idea is to find a pocket or neighborhood that offers the right combination of estimated ROI and rental demand, giving a balance of cash flow and tenant demand.In my view, this approach provides a more reliable signal of demand than relying solely on pricing adjustments or short-term market trends.

Thank you so much for your insights, I already have a company in mind but if things go south you may hear from me sooner than not.  

I recently moved back to the U.S. after almost two decades working in international development and entrepreneurship across the African continent, from co-founding a tech-enabled logistics company in Ghana to negotiating public-private partnerships for infrastructure investments in Senegal.