I am working on increasing my knowledge and skills on the accounting side of investing.  

By adding the 3rd bedrooms, we were confident that it would increase rents and our valuation considerably.

Finding deals outside of California can definitely open up new opportunities, especially given the cost of living and market dynamics in the state.When looking for properties in other states, consider focusing on areas with strong rental demand, economic growth, and population increase.

A lot of investors start in their backyard and eventually expand once they hit barriers like affordability and competition.You mentioned that Florida’s housing supply is increasing and that we could see some price corrections.

Depending on what policy you have going forward on this, you may choose to increase their deposit amount.

Also, I am assuming since you house hacked that you only did 5% down, which then increases your mortgage payments compared to 25% down buyers.

Being in the right area, especially near a popular train/subway station, makes a huge difference in the value of a property.

Part of that is adding additional cost for increase in building products. 

Also if you get signed up for Pro it locks you in at that price and you are not subject to further price increases.

I recommend you do this annually to adjust for utility increases and other variables.