I just moved from Houston after living there for about a dozen years.

Quote from @James Soto: Hello.My name is James, I live in Bixby, Ok and would like to get started with my first BRRRR in the Tulsa area with a cash purchase. 

Cost of living increases are real.

You can actually still find deals where I live in the (very) low 5 figures, and in some cases, still in the mid 4 figures.

Co-living is a good bet here since we have a large military presence of young guys living off base. 

The unobstructed water views for both front STR units can be challenging to determine additional value compared to other 3-unit properties without views.

Quote from @Gabrielle Cutler: HI there,That’s partly why I’m on here, I’m not quite sure the best route, especially living in the Bay Area where everything is a bit more expensive.

I would like to keep it as there are two doors on the property and it would cash flow nicely with my insanely low mortgage/interest.However, I’m leery of managing while living internationally.

Most seem to like there to be a business reason for the state you use to create the LLC, either the property is there or you live there. 

Yes, House Hacking seems like the most ideal option when considering my first investment (open to other forms of ownership, such as live-in flips as well).