I have read information that states newer homes tend to appreciate faster after they first come onto the market.  

Quote from @Brian J Allen: I haven’t come across many articles connecting the Dunning-Kruger effect to real estate, so I thought I’d share my thoughts.In short, the Dunning-Kruger effect explains how, when you know very little about a subject, you tend to think you know a lot.

Given the current market conditions, new construction and turnkey properties tend to offer a more stable and lower-risk entry point into real estate investing.

But I tend to like Bigger Pockets reviews even more because of the opportunity to interact with the author of the review.I will shout out to you in a pm as well.

Second since I am a property owner myself and also own a PM company I try to look at it from different angles.If the tenant wants things fixed it many times means that they plan to stay in the property and since they are picky they tend to take care of the home more.

The prices they have are towards the lower end and in PM you tend to get what you pay for.

I do have a program that can close on a blanket loan in multiple states - they do tend to like to cap that at 10-12 properties or $1MM in loan amount per blanket loan.

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

Rate cuts tend to boost buyer affordability, but with current home prices, are we really going to see that kind of relief in cash flow anytime soon?

In real estate, it is really about your cash on cash return, so the least amount of money you put into the deal, the better.What would come out of pocket at that point would be the difference in down payment, which in this price range tends to be limited.