Being out of state, I would suggest vetting your "team", meaning find an investor realtor, lender/s (hard $ / long term), property manager, contractors, etc.

Any contractor recommendations or lender suggestions for short-term financing?

I agree with the other contributor that it’s better to own a $1M asset that appreciates 3% per year that pays no cash flow (over the long term) rather than a $100k asset that appreciates 3% and pays $300 a month in cash flow.

Students tend to sign year-long leases, and if you price it right (maybe even rent by the room), you could see solid returns.

But as long as its not directly in the flight path, it will be okay. 

But as long as you keep your fire fighter job at least you will have health insurance through that which will save you a lot compared to a full time agent.

The result is typically less loan proceeds, lower rate, worse terms, etc.

Quote from @Alex Brown: Seeking recommendations for a CPA or Tax Strategist who specializes in RE and REPS Status.This post should help:https://www.biggerpockets.com/forums/51/topics/1222774-expla...And none of us is allowed to offer you our services as long as this post is in the tax forum.

My name is Adam King, and I am an avid real estate investor and life long San Diegan!

This gives a better snapshot of market trends than averages, which can be skewed by high or low sales.November: $484,995December: $484,500January: $491,995 How long would it take for my home to sell?