They live in a semi HCOL area called Torrance (house is in a good zip code 90503).

Now, three years later, my tenant reported cracks in every room—paint cracking and full-line cracks in the bathroom, living room, and bedroom (walls, ceiling).A drywall contractor looked at it and said it’s normal wear and tear, but I’m concerned since it’s in every room.

I would like to enter the landscape of real estate investing, but the area I live in has a barrier to entry with regards to cost.

HiWhen we started out we bought a multi family property and lived in 1 unit.  

It isn't easy to make things pencil, and I don't see it getting much better over the next 12 months.I have changed my rental strategy to Co-Living (rent by the room).

Also something to note, I live in the North Fort Worth area and be aware that there is some school district drama brewing in Keller ISD that covers much of 76244 and 76248.

Hi Vinay, I own multiple properties and live in Columbus.

Quote from @Andrew Lawlor: I've been actively investing in short-term rental properties for the past three years, managing one live property and another that will go live in two months.

I live in Boston, but I was advised to start my real estate business elsewhere as Boston is very competitive.

We live just outside of city limits and therefore Coconino county.