CA is an expensive market and regarding tenant laws in my eyes more complicated/difficult as a rookie landlord.

@Adam Newman yeah, not understanding your statements, "I have $50k plus about 7k in the bank" and "take out a loan and go in with 20% from the start?".

I would start there.The Rock may have something to say about that.... 

We’re hoping to start small and are looking at markets, such as Buffalo or Rochester, NY.

other posters have started threads saying they're going to buy STRs for tax savings... and this doesn't make sense to me.  

Let me start by saying that they are both great shows and I think Dave Meyer is great, as are the other present and past guests of both shows. 

If you're new to investing, keeping an eye on property taxes and HOA fees in this area is also key. 

Eye for DetailIt’s all about the little things.

I would recommend getting a property manager there because you want someone who can keep an eye on your place for you.  

Investors should keep an eye on its growing infrastructure and amenities.Huntersville: A family-friendly suburb with excellent schools and amenities, Huntersville is a solid choice for long-term appreciation.Davidson: A charming college town, Davidson offers steady appreciation and attracts higher-income tenants.Belmont: This small town near Charlotte offers more appreciation potential than cash flow, driven by its desirability and quaint atmosphere.Neighborhoods Offering Both Cash Flow & AppreciationConcord: A tricky yet rewarding market, Concord can provide both cash flow and appreciation.