If that isn't feasible like it wasn't for me (personally being born and raised in San Francisco), you may want to look out of state.

I currently reside in San Diego, CA, and I am in the process of purchasing two properties in Henderson, NV, in my personal name.

The thing is I've been learning about real estate for almost 2 years and still haven't bought my first property and it's driving me insane .

For my area it's 6 adults living in a single family home for San Diego.I had to house-hack my first home via renting out the rooms in San Diego due to the price to rent ratio being out of whack.

Another old buddy in San Antonio picked up a modest fourplex a few years back, and while it never turned into a headline-worthy success, those steady rent checks stacked up over time as local employers brought in fresh workers.

They are usually fully booked - it's in San Francisco.

@Matt J.As an out-of-state investor in San Diego, key tax and legal considerations include filing a California non-resident tax return for rental income or capital gains, managing double taxation with potential tax credits from your home state, and complying with withholding requirements on property sales.

ThanksThat sounds insane to me too.

I was wondering if anyone had any tips or tricks for this area dealing with the insanely high property tax and insurance rates?

Hopefully he finishes this rehab in February as I hope to have him set up an out of town, large (over 3000’) luxury STR in the spring.When he completes that effort, we will be concentrating on getting him a property in San Diego which as everyone knows is very expensive.