For example, I have two STR high-income earners (making 140k & 150k) in Joshua Tree for sale with low expenses, where the sellers will stay on to manage it.Making sure you are keeping as much as possible from the tax man is a huge component and to do so you usually have to invest it.

The information contained in this post is not to be relied upon.

Look into any and all factors you can think of regarding those areas so that if/when you decide to research other markets, you know what information to look for. 

Quote from @Kyle Schachsieck: Thank you all for the information and additional resources!

Seacoast has great potential for both appreciation and strong rental demand.There are a couple local meetups that take place here on the seacoast if you would be interested in information on those.

A PMC is the ONLY one that will deal daily with your property.Here's some copy & paste advice on hwo to screen PMCs:Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

The information contained in this post is not to be relied upon.

The information contained in this post is not to be relied upon.

The information contained in this post is not to be relied upon.

Currently still gathering lots of information so that I know what my options are once I'm ready.