For California, ADU's are still the untapped gold (ok, maybe silver but still) mines that I see a lot of folks leaning into. 

I realize no one has a crystal ball, but I see no scenario where the housing shortage did not get worst in coastal CA by the elimination of 1000s of homes.As stated I agree with your sentiment. 

This generated $2M+ in equity, and thus is highly lucrative, but takes 2-3 years.Note worthy: I am located in California, but I did this project in Canada.

We are open to investing locally however living in Orange County CA, I don't know if that is possible?  

I am basically looking for a cashflow property in the Lehigh Valley or anywhere else, but I would love to visit the property as I am staying in the NJ/NY region.

I’m in CA also and paid cap gains on huge profits to the tune of 28%, which included CA state cap gains.

For example in Southern California many apartments do not come with refrigerators.

While many out-of-state investors may purchase properties without an in-person visit, first-time buyers or those new to real estate are strongly advised to conduct a site visit.

I'm Mike from Oceanside, Ca, and have been passionate about real estate investing for 10+ years. 

In California I've bought mostly older homes but I recognize theere's some risk to that.