You have some options like driving for $'s to look for distressed & abandoned properties. 

I flew out there and did drive around the neighborhoods - they look much different in person than in photos and video tours (I do know a few CA investors who buy sight unseen in multiple states but I think their risk tolerance is higher than mine).   

It's a 15 minute drive from the main highway (i.e. not the most RV friendly drive).

Until builders can catch up and create millions of homes, I think we will continue to see huge increases in sales prices, however, the lack of sellers means numbers in terms of how many houses sold will continue to go down driving prices up even higher

That's like JFK asking if this is a good day for a drive. 

I’d love to hear what drives your choice!

At the time I was having about 10 hours/month of property management I was doing but most of this was 2 hours per week driving around to visit my properties and make sure they were all in good shape and didn’t need any external maintenance.

Did you keep that money in the multifamily or were you able to pull it out after driving up the value of the properties?

I've built a system where I can drag/drop any bill into a Google Drive folder, and I have some systems set up to split the bill evenly among tenants, automatically bill my tenants, and even send them an email with the breakdown. 

I had to build fences along my driveway accessing a drive under garage, because the retaining wall was more than 30" tall (standard building code item) but these properties were built in the 40s/50s and never had a fence there until I rented Section 8 and they required it.From a tenant perspective, I never had any of the issues James notes.