I have one that I use as reserve funds and for random cash in case a deal pops up that is too good to pass up. 

These are not random people making wild guesses.

I've only seen some sporadic random ones. 

So, stay tuned unless someone else is 100% sure they know : ) Also came up with a drinking game that every Friday after 4pm we will call them with random questions and if they don't know, we all take a shot. 

FHA loan limits pretty much you out at a $1M purchase price.San Diego is not great for initial cashflow but for long term cashflow it is one of the best markets in the US.Qualifying for an FHA loan on a duplex is easier than qualifying for a single family home since lender is able to use rental income from the second unit towards your income.Your 3.5% down payment on a $1M duplex will go much further in building you wealth than spending that money on a $250,000 property in a random state that you don't know. 

It will be easier snd hopefully cheaper to do so ahead of time than to have an emergency and be randomly dialing people when something is wrong.

Your subs arent going to try and squeeze in some random nobody but they will try to squeeze you in. 

It's what one random property manager has been able to do with one random property.

Hey @Douglas Spence, answering in a random order here:All in I’m $55k, $40k down, $5k closing, and roughly $10k in rehab.The loan was a conventional 30 year fix at 4.325%.I found my property but calling around and interviewing several places.

Full of garbage and furniture and random belongings.