So much for low HOA fee.Another aspect of rental expenses is utilities, as well as snow removal and lawn mowing. 

I am eager to get started and would love to get the know the market here at home.With that said, I am new to this end of the industry and am looking for some guidance and advice in every aspect. 

That helps us overlook the other aspects of the property, that unfortunately, aren't the best.  

I like the construction aspect of flipping and large lump sums at the end.

Also I want to say, it's not just syndicator that is problematic , but non-bank lender is also problematic.I believe there would be more scrutiny and regulation in these two aspects: financing and syndication, this is like 2008 to subprime.

A key aspect of real estate is financial management.You can also start networking with people in the area you want to invest, and start learning from them.

Do you own all aspects of the operation?

.), additionally there is a marketing aspect to target the people who would be utilizing the short term stay yet longer than you would with a traditional extended stay hotel. 

Training/workshops are useless on a national level as almost all aspects are very state specific, and often county/city specific. 

House hacking is a possible alternative, but given California's high real estate values, investigating other areas may be a good decision.Houston, TX is frequently seen as a favourable alternative for out-of-state real estate investing for various reasons: Diverse Economy, Population Growth, Affordability, Landlord-Friendly Laws, Job Opportunities etcRemember that success in out-of-state investing often involves ongoing communication, local support, and adapting to the unique aspects of the chosen market.Good luck!