You've demonstrated success on your current duplex, so friends/family may be excitted to join in on the next.Congrats on the success so far,-Steve

House hacking will be your best friend starting out .

There are some “hot button” topics on BP which bring out “knee jerk” reactions and sometimes incorrect assumptions from some of us long time and frequent participants.  

I've had friends buy new homes and have more problems due to poor construction than I've had in 'older' homes.

Close friends?

A warranty can bring peace of mind, especially if the tenant values quality and reliability.Here’s our rule of thumb:For budget-friendly rehabs: Used appliances from a reputable source can be a smart choice.

We live in the bay area because this is where our jobs are and we have family in the area, but we prefer to invest in landlord friendly states.

Just google the following: - special assessment - zombie condos - Florida condos (look for recent news)Since you are not living near the properties anyways, why not look in a landlord friendly state where the purchase prices are lower?

rent out all the bedrooms to your friends. 

In the NE states, AKA tenant friendly states, I would always have a PM to help protect my interests.