@Kyle Swengel it's awesome that you discovered bonus depreciation.

When deciding between investing out of state vs home hacking in Oakland, keep the following in mind.Oakland House Hacking:Proximity: Living in Oakland while house hacking enables you to maintain a close proximity to San Francisco, which might prove advantageous for property management and maintaining connections with the local market.Possibility of Appreciation: Property values in the Bay Area have increased historically, which is good for accumulating equity over time.Local market dynamics, tenant preferences, and potential obstacles might be simpler to comprehend when one is in a familiar location.Demand for Rentals: Oakland has a robust rental market, and you can discover good demand for rental units if you pick the appropriate property and location.Creating Local Connections: If you live in the Bay Area, house hacking can assist you in making local contacts with property managers, real estate agents, and other investors.Investing Out of State:Investing outside of your state may be more affordable and enable you to use the same funds to buy more than one property.A few out-of-state markets can have more favorable cash flow prospects in contrast to the pricey Bay Area market.Geographic diversity, which can help reduce risks related to market-specific variations, is made possible by investing in a variety of markets.Hiring a local property management business, which offers a more hands-off approach to property management, is often necessary for out-of-state investments.Remember, both options have their advantages and challenges.

She discovered that this property has tons of potential!

When I got licensed in Philadelphia I was blown away to discover I could take the OSHA 30, have the appropriate car insurance, and basically tear down and rebuild a house from the ground up with zero experience.

Listings allow you to advertise your property for sale, and it is typically the first impression a potential buyer has when discovering your property.

It's no longer secret that even in SF most real estates are bought by the startup of founders of the tech 21 bonanza.  

We discovered our property managers and inspectors usually focused on different things and both needed calibration.

If you have a good building inspection done during your due diligence period it can help you discover much of what may go wrong with your property initially but there is no guarantee other things may not happen.

Did you just discover multi-family investing?

The next class will be a few hundred$, and maybe you can network more, but there's likely to be more classes costing thousand$.And even the Gurus will tell you, their "secrets" won't help you if you don't put in the effort.