If you’re ever looking to invest in Florida, @Josh Green has a successful STR operations going on in the Tampa Bay Area that is providing his clients with solid returns year round.

To give you something as a reference based on your budget (30-40% down with $1.8M), the general cap rates you will see in the Bay Area are roughly 3-5% https://www.loopnet.com/Listing/1047-Rich-Ave-Mountain-View-...https://www.loopnet.com/Listing/1180-Saranap-Ave-Walnut-Cree...You will find higher cap rates and more 20+ units buildings in SF, Oakland, and Richmond, but keep in mind of their stringent tenant laws. 

Absent them, risk is controllable over time.I self manage a SFH in the Bay Area in a very pro-tenant city (some cities are a little less pro-tenant than others).

not to mention you can go on E bay and for 50 bucks or less you can buy any Guru's printed materials or tapes.. they all give them at the start of their seminars in exchange for the big fee's folks pay to go.. 

@Rafael Ramos I have a buddy cash flowing about $1500 per month on properties in the Tampa Bay Area that were built around 2018 and have very little maintenance.

Until thousands of acres are burnt all over again.I dont think CA have 3,427 miles of coast line unless your counting every little inlet and the entire SF bay etc etc.. more like 1200 miles. in a straight line. 

I have a partner in the bay area right now.

Its ironic Brian and I's backgrounds mirror each other ... other than I am about a decade older LOLWe both have strong North bay Ties..

@Mike Nuss  well that was not the case in the SF Bay Area.But I really Like FIBI in the LA area I have been guest speaker there many times. and they are somewhat more formal than ( keep it weird Portland) but they do a great job.. and the promoters are really super people. and sharp in their craft. 

Hello,I am in the Tampa Bay area and I own a quadplex.