Building on that, a buy-and-flip that changes to a buy-and-hold can work and provide liquidity with proper planning, and vice versa.One last specific thing I want to add to our conversation.

That being said my personal experience is that if you are running your business out of CA, you will most likely still have to register to do business in CA, and still pay the $800 franchise tax, so then there isn't a cheaper route because you're either registered in CA and foreign in OH or vice versa, and still pay the same fees.  

AirBNB syncs to VRBO or Vice Versa? 

It also keeps your debt lower for DTI, gives you mortgage interest to deduct on each property (against their income), and locks you into a relatively cheap captain cost for 30 years.

Some title companies don't work with Hardmoney lender's but work with private money lender's and vice versa.

While good returns on single family rentals are hard to come by in high-priced coastal markets and in some other housing hot spots such as Denver and parts of Dallas, Austin and Nashville, solid returns on single family rentals will continue to be available in many parts of the Southeast, Rust Belt and Midwest for investors purchasing in 2017," said Daren Blomquist, senior vice president at ATTOM Data Solutions."

If you are an optimist, find a pessimist, and vice-versa.  

But you know what they say, no vice worse than advice.

Remember, you are the one interviewing THEM, not vice versa.As you did in your post, your best would probably be to ask for referrals from other investors in your area.Property management has its benefits but you pay for them! 

Some places might be better for investing and not owner occupy and vice versa.