Exploring cities outside of California for real estate investment can be a smart move, especially if you're looking for markets with strong growth potential, reasonable property prices, and good rental yields.

Smart planning and close checking can help you win in the market.Good luck!

The best I can offer is to tell you to verify that income carefully, and as @Brent Paul said, make sure that income is not about to be interrupted.Sometimes with CC debt, you do run across reasonably smart, stable, functional people with that much.

I think you are smart to continue to do some research and familiarize yourself with the program. 

I'm not saying smart investments can't help make some things in life easier, but it doesn't have to happen as fast as it sounds like you want it to happen.    

I recommend private landlords use TransUnion Smart Move.

It would not be a smart decision for anyone to loan 100%.

Start small, slow, and smart. 

Lastly, don't forget about other smart moves like using self-directed retirement accounts or 1031 exchanges to keep your tax bill in check.

A trust may offer some of the same benefits as an LLC, depending on your goals, and allowing you to claim the part of the house you live in as homesteaded tax.Make sure you have the right home insurance and consider an umbrella policy for extra protection.Certainly buying a house, using conventional financing with limited money down as a primary residence and renting out parts of the house to help pay the mortgage, is a smart financial move.