You should probably read what has already been discussed before you make your decision.https://www.biggerpockets.com/forums/79/topics/1001612-pace-... 

I suggest you start out by meeting like minded people and here is a link to a local meetup in the OC: https://www.biggerpockets.com/forums/521/topics/1225233-ocre...Good Investing...

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

i would not buy a random property in Alabama that you find on Zillow and turn it over to people you've never met just because the price point is appealing.here are some threads on how that can go:https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/12/topics/1215726-break...https://www.biggerpockets.com/forums/48/topics/1137397-balti...i own property in 3 states - happy to answer any questions you have.

You could refi via DSCR and use that for your next DPhttps://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

MarketFinder: Helps you identify potential markets across the US that fit your criteria for investing and shows you this info below plus more based on zipcode, here's an example for a zip in Denver. https://www.biggerpockets.com/marketsDealFinder: Once you find a market you can dig into specific homes on the market at  https://www.biggerpockets.com/deals

I recommend local meetups. https://www.biggerpockets.com/forums/521

Here is a list of BP events:  https://www.biggerpockets.com/forums/521-real-estate-events-... 

Another place to look is: https://www.biggerpockets.com/forums/86/topics/621036-investing-in-windsor-ontario?

there are so many threads on BP from folks in NYC or CA or DC who bought a property in a "low cost" market and immediately regretted it:https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/48/topics/1137397-balti...https://www.biggerpockets.com/forums/52/topics/1010977-12-00...i provide this information not to discourage you, but so that you can learn from what they did without making the same mistakes.