Focus on Education and NetworkingBuild your knowledge: Continue learning about different real estate investing strategies and market trends to make informed decisions.Connect with other investors: Network with experienced investors in your area to gain insights and potentially find partnership opportunities.    

REI) and it will populate in-person and online events.

It takes time and patience, but the long-term benefits are well worth it.I’ve personally gained invaluable knowledge, listings, and deals from friendships I’ve built over the years.The more people you engage with, the faster you’ll achieve your goals!

Just to present an alternative point of view regarding California residents investing in STRs, I'd say the gambit still works and works well.For one thing, you still get to use the Section 263(a) tangible property regulations' de minimis rules, which probably mean you can immediately expense most of the furniture and fixtures in your STR.For another thing, while for your California return you won't be able to use bonus or accelerated depreciation for the personal property, you will still use shorter 5-year and 7-year lives for maybe 25% of the improvements.But the big thing: The federal tax bill is far, far bigger.

I contacted the bank and they told me the person needs to go through the regular qualifying process such as income, credit core, employment history, etc.

Sorry what are comps I'm no expert but from what I've learned, comps are the prices other properties in your area have gone for.

First pro is you learn how to be a landlord and to manage properties and this is the best way to get started into real estate investing.

Just digging in to this forum and learning a lot. 

i've managed both OOS and in-person and both can be a pain but OOS is just harder for most new investors, period.

Have met him personally a couple times and he is just a great guy all around.