@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. 

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).

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

I have a partner in the bay area right now.

Hi Craig,After managing hundreds of properties and investing in 30 rentals myself, I've found Florida to be a great market for long-term rentals, especially in areas like Tampa Bay where there’s steady growth.

I believe that Neal is a very successful capital raiser by virtue of being in the Bay Area with ties to the tech world, so he has tapped a wealthy investor group through his Multifamily meetup and educational content that he provides.I agree with the comments above that as an investor we always must do our own due diligence which can and should take time to be done carefully.

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..

We spend our summer weekends on our boat down at the bay surrounded by friends and family.