I would shop the market and buy the property.

I love living in CA, but if you're an investor and like to have your properties in LLCs, it kind of suck. $800 yearly tax for each LLC.

Nothing down and subject to was a LOT easier 45 years ago when I started investing in real property…….    

You're going to learn A LOT from your first investment property so don't get discouraged.

Even a single-family home with a legal additional living unit could work if you can find the right property.Because you want a property that needs work, I would be careful not to take on something that is too distressed.

I'm grinding to find my first property.

Investors can now leverage online platforms for property tours, market analysis, and property management, enabling them to overcome geographical barriers and diversify their portfolios.

How long have you owned the property as an Airbnb?

That's the best way to get into investing; holding the property you own and renting it when buying another.

that's why having all your cash stuck in one property is high risk.and - most of us use leverage to get higher returns.