We have talked about things such as rent by the room and acknowledge that the operating model will likely be very different while living in the property vs. when we move out.I think the point you made about assumable loans is very helpful to get into a property you might not otherwise be able to afford.

Are you basing this solely on what you can afford, or what you intend to make on it, or your target sale price? 

Udemy and Coursera have affordable options, and they could help you feel more confident when pitching yourself.It sounds like you’re in a great position to get started.

As prices increase, fewer people can afford to buy homes, forcing them to rent.

These areas are becoming 'micro Big Sur-esque,' a more affordable piece of the Pacific Wonderland. 

Its affordability, ongoing revitalization initiatives, and strong rental market contribute to its appeal.

That being said due to the number of sharks out there I would only spend money that I can afford to lose. 

Even the best property management companies (PMC) struggle with:- Finding reliable handyman and contractors (ServiceTechs)- Same with affordable ones- Tracking preventive maintenance- Tracking previous work for potential reoccurrence warranty coverage- Understanding tenant reported problems, so the correct ServiceTech can be dispatched- Determining if tenant is at fault for an issue & should be charged - and will proof stand up in court?

I use them and they are way more affordable than any other insurance I know of.

Keep in mind that I am selling them as affordable fixer uppers and usually only address any health, safety, and functionality issues.