Since you have work history, if you get a job with salary income and a credit score above 640 (680 realistically), a conventional cashout refi is within reach as soon as you reach those metrics.

Without population growth, your rental income will lag behind inflation, requiring you to find additional sources of income.How long your rental income lasts depends on the job growth in the investment city.Non-government jobs are inherently temporary.

Those in themselves are great education.Degrees won’t help you much unless you are trying to get a job at a large fund.

You don't say what you do but consider finding a career path job that might give you better income if that is an issue. 

AB 2622 allows unlicensed professionals to handle jobs under $1,000, such as repairing gates, patching drywall, or fixing leaky faucets—saving you money without sacrificing quality.2.

They're investing tons of money into those areas, and attracting a lot of good renters who work in the medical profession and will pay good rents to live close to their jobs. 

I think they've done a great job of building their product and if you already have a property listed on Airbnb, it's super easy to import to MiniStays (though it's not difficult to list your property there if you don't.)

Great macroeconomics overall - population and job growth and major companies moving here.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.