When it comes to LA and Orange County the neighborhoods are very different and may or may not fit the profile or lifestyle you are looking for.

South Lake Tahoe is a wonderful place, if you like the small town feel and lifestyle, it can be great living. 

It's basically a bigger version of our home that would allow us to keep the same lifestyle (excercise, rec room, guest room, wife's work room) + finish an ~1100 sq ft 2 BR, 1 bath full apartment in the basement that would likely rent for ~$1300, based on market. 

one was from brokers at Lifestyles Unlimited How did you finance this deal?

. $100k/year +/- can be a lot to one person, but just barely scraping by for another depending on lifestyle and general cost of living since certain areas are more expensive than others.

For finances, hopefully you’re still living the same frugal lifestyle as if you were a college student.

This has allowed us to turn a transient life style into a positive thing for real estate investing.

Start off at a price point that you can easily afford to pay the monthly expenses of owning it on without impacting your lifestyle.  

So l would love advice on any and everything the be successful in this lifestyle.  

Risk tolerance & lifestyle will define the playing fieldHow close to the edge can you and the family tolerate?