I am always open to any trend but right now I am compelled to restrain myself to the local market, my rule of thumb is 25-30 minutes drive from my home.

For example, you might leave $10,000–$25,000 in the deal, end up with a $3,000 monthly payment, and only collect $3,000 (or slightly less) in rent.This applies to my local market and primarily to Class B or higher real estate.You’re better off finding a solid property that needs only light cosmetic work (e.g., paint, flooring, or perhaps a kitchen or bathroom remodel), buying it at a decent discount, and putting down at least 25%.

Hey Jon would recommend checking out FB groups if you aren't local (looks like you're based in the Bay).

I'm a local broker and investor and manage 100+ investment properties.

Start small, build a reserve fund, and work with local experts to ensure your first investment is a solid one.Good luck!

Choose the Right LocationProximity to Campus: Prioritize properties within walking or biking distance to minimize transportation costs.Safety and Security: Research neighborhood crime rates and local security measures.Access to Amenities: Look for nearby grocery stores, healthcare facilities, and entertainment options.3.

Lastly, your going to want to get with local governance, a lot more then normal.

Are you going to continue your investing locally? 

Did you finance this deal with a local bank or credit union?

We have a local competitor that brags they don't charge a maintenance markup, yet we know:1) They charge owners $60/hour for their handyman2) How much do you think they're paying their handyman?