I consider myself a cautious investor in general (I don't buy crypto, etc) yet I did a risky move buying a Class C property that's 2000 away. 

House hacking is a possible alternative, but given California's high real estate values, investigating other areas may be a good decision.Houston, TX is frequently seen as a favourable alternative for out-of-state real estate investing for various reasons: Diverse Economy, Population Growth, Affordability, Landlord-Friendly Laws, Job Opportunities etcRemember that success in out-of-state investing often involves ongoing communication, local support, and adapting to the unique aspects of the chosen market.Good luck!

Consider your goals and how your chosen passive income stream can help you achieve them.

(different loans have different seasoning periods for your funds and different guidelines on allowing gifted funds - something to consider) To determine closing costs you can call a local title company in your chosen area and ask them for their fee sheet and your lender should be able to provide you with any other fees associated with the loan.

Cryptos looking good?

There are many I know who will not touch crypto currency (using this as an example only) as its something that is not easy to understand.

There is a cabin on the property that can accommodate additional 6-10 guests but the current owner has chosen not to rent this cabin despite the numerous requests.

Let us know what keeps you going back to your chosen hardware store. 

I would pay off or free up the monthly furniture, water softener, and crypto.

if you are truly set on investing out of state, you need to go to your chosen market in person to get to know it and set up your team.house hack example in a HCOL market:https://www.biggerpockets.com/forums/88/topics/1173853-3rd-h...and no, do not start with a flip, period, unless it's a live in flip.