Fred Trump "lent" the Donald two things1- $58 million in cash, as an inheritance2- His signature as co signer on a loan, when Fred was the largest residential landlord in NYC.So if your dad gives you $58 million ($300 million in today's dollars) and is willing to co sign your loans, and is the largest residential property owner in the largest city in the country, then yes, don't listen to the naysayers, just "present yourself well" and you'll be all set.

Sod is installed year round in most areas of the country, surely California can handle it.Also who is supposed to mow this lawn?

While many on here do real estate across the country, many of those are experienced investors.  

Hi Parker,Welcome to the Tampa Investment market (#2 city in the country for investing in real estate actually).

and I live across the country..  

It took me 1 year to really get started so I recommend that anyone interested in Real Estate, even if it's not in your home state or country to start right away.

It's can also safer to diversify your investment properties across the country.

Basically this career politician who knows nothing about business is doing away with almost all of the incentives for Ma and Pa investors to provide housing at a time when the country is in dire need of more housing...SMH these are not "loopholes" they are incentives to provide housing.

It's defiantly not as easy as some parts of the country but value add investing can work anywhere. 

Nightly rentals (anything less that 30 days) requires special transiency licenses and taxes in most areas of the country.