Good Morning,I am a former Claims Specialist with the Social Security Administration and currently unemployed homeowner who is looking for guidance on how to gain property management experience here in the Central Coast of California.My wife is the only one working at the moment, so times are tough to say the least.We're looking to rent out a portion of our home in order to save up enough money to purchase our second home (or multi-family unit), rent that out, and begin to expand our portfolio. 

I am single and 42 and doing this all on my own... no one in my family has any experience in the investing side of things, so I am truly starting from scratch.As of April 2025, I will be moving to the Charlotte area (along with my two pups) and putting a renter in my Austin house. 

I am also looking for guidance on being an agent as I have a few friends and family members looking to buy within the next year.

I've seen banks be very competitive with blanket loans that cover multiple properties and/or multi-family properties, e.g. 5+ units.Mortgage Brokers (obviously I'm biased) - Brokers have the ability to work with all of the above and can get you to the best lender for your scenario right away instead of having you waste your time with the wrong type of lender.

I don't have enough investor buddies around and my family would have zero interest. 

I'm interested in multi-family investment and want to buy a residential multi-family (2-4 units) to live in one unit.Ideally in Montgomery County as I live in Rockville (or PG county/Baltimore)

The mortgage on this property is way above what I can rent to a family.

I’d say focus on getting new job and tending to your new family.

This entire eviction moratorium is truly very unfair to landlords dealing with people who are abusing the system, and my family would like to help fight for what's just if we can. 

How we purchased our property: Combination of Savings, Personal Loan with interest from a family member (4% interest) and a cash loan from Wells at about 8%.