You are aware of the local communities, employment marketplaces, and prospective growth regions.Equity Building: In a market like San Diego where real estate values have traditionally increased, house hacking may be a potent means of accumulating equity.Long-Term Considerations: House hacking locally could fit into your lifestyle if you intend to live in San Diego long-term and have family concerns.You might also explore a hybrid approach – investing locally in a house hack while allocating some capital to out-of-state investments for diversification.Remember to consult with real estate professionals, conduct due diligence, and possibly network with investors in both local and out-of-state markets.

Conduct thorough research: Since you won't have a real estate agent representing you, it's important to do your own research on the property, its value, the neighborhood, and any potential issues or liabilities associated with it.2.

An 18% return is not unheard of in the syndication space, but certainly conduct due diligence and vet the sponsor.

I think this has been a game changer for us to find quality tenants.Also when we move in section 8 tenants we will conduct a monthly inspection for the first three months.

When I said that I was looking for in-person mentorship and that face-to-face interaction was important to me, I was told that I had a 1970s mindset and that phone/email/text/video conference contact is the same, if not better than, face-to-face interaction/mentorship in real estate.

Hey Andrew - my STR clients are pretty dispersed, also spoke with a ton of investors at the Nashville conference recently. 

You can prepare yourself for that by having another inspection conducted 10 months in then bringing that to the builder to see if they can fix anything outstanding for you, before the warranty is up (if applicable).In summary, buying a new build means you have to arm yourself with information so that you know what you are getting into.

Property Inspection: Conduct a thorough inspection of the property to identify any maintenance or repair needs.

By conducting thorough research, building a strong network, and staying informed, you can increase your chances of success in the real estate market.

Sure, what you do will affect those latter two, but nothing about the realtor.Perhaps with in your setup the lawyer and accountant may need to confer, but the accountant will prepare the return according to whatever income/expenses you provide and whatever legal structure your lawyer puts together for you.