If you can't manage what you currently have, you won't manage additional income from investments.

Hopefully the current occupied units are paying every month.

You're likely better off attending your local REI meet-up to see if you can find an investor who has house-hacked or is currently house-hacking their primary home.

I'm quite not 100% on wether or not if I purchase my first investment property where I currently live (Virginia) (*which I will be*). should I also gain my license here since I'll have a property within Virginia.

Option 1 doesn’t seem ideal given California’s tenant laws and current market.

Currently we are seeing STR owners posting for sale due to reduction in prices they can get per night and the vacancy rate increasing. 

When we looked at what his cashflow is currently, and then considered what he would net out of a sale post tax, he decided to keep owning the properties.

We currently have six rental units (single and multi family) and one flip under our belt.

Im currently networking to partner up with a home builder here in Staten Island and build Semis on empty land.

Purchase price: $715,000 Cash invested: $297,000 Current Price: $830,000 (originally $950,000 on 4/13/2024, reduced by $120,000 in 6 months).