Starting with a small multifamily property is a fantastic idea—it gives you a chance to live in one unit while renting out the others, which can help offset your mortgage and build equity faster.

Built in 1905, this property features a total of 2,832 square feet of living space, divided into two units.

Sometimes people don't want to live next to people that have a bunch of garbage in their front yard, that are loud and obnoxious, that are creepy and weird, or maybe who knows maybe the house next-door or on the same block had a murder or a shooting happen at it and it is a well-known thing that people can look up. regardless, I think that due diligence goes into affect here pretty well.

That said, I wanted to share my story about how I found an out-of-state property, got it rented, and set it on autopilot.BackgroundI’m in my late 20s, living in a very high cost of living city and working in tech.

I used to live in the lower mainland but invested where the numbers work like Vancouver Island or Northern BC.

I just did a commercial TI on Wolfe rd a month agoI've got a house by Tahoe....pioneer trail when one could we rode our bikes to Stevens Creek to swim :)  we lived behing all american market Blaney and Bolinger ..

If one of the LLC members lived in another state and that person acted as managing member then you can avoid the FTB fee, but looks like you both reside in CA. 

We are currently living just south of Boston and are looking to purchase a 2-4 unit property in which we would live in one of the units.

Have a client that does sober living homes here in B/CS.

Even if buying a property Subto in GA and you live in FL, you could miss something and the whole deal does a "crash and burn".