$60K is not going to go very far in the SF Bay Area, or much anywhere in CA, so you're probably going to be looking out of state (OOS).In that case, if you want to be VERY ACTIVE, then $60K can Cash Flow pretty well finding a Class C/B property, renovating it, and renting it out using the BRRRR method in certain markets in the Midwest or Southeast. 

I recently traveled to southeast Tx about an hour east of Houston and started checking out what the market offers.

I know we have people looking to connect with knowledgeable folks in IN, TN, etc.I just want to encourage any upstart investors out there in midwest/southeast markets to join.

I have done a few of these already mainly in the southeast. 

We invest out of state and our experience is there are multiple midwest and southeast states that will easily beat the returns versus GJ by 2x or 3x.

While people seem to be moving everywhere in Denver, we have had a number of buyer clients looking in the suburbs like southeast Aurora, Castle Rock and up north in Arvada and Westminister and those are the deals that are seeing multiple offers, over-asking offers, and other bells and whistles like appraisal gap coverage and waiving of inspections. 

I am looking for Class A & B large multi family properties and also looking for a Boutique Hotel in the southeast region or preferably Florida.

Like Southeast/Anacostia where you can find some more affordable multi-family units and if you are up for it, DC voucher holders can be great tenants with little risk, as the programs guarantee the rent and its above market rate, tenant screening is key.  

My average CF on a 3/2/2 SFH in southeast Harris County worth about 160k - 190k, at 75% LTV, is about $300 month. 

The North side was affected by the riots, but they kept it to minimum (early they picked the areas to protect and areas to clear out of, southeast they cleared out of, downtown and north they held the line)Management in a class D neighborhood is much more difficult and is a steeper learning curve.