My other option is to wait until my partner is done with school and we buy that bigger property we can invest more into if we don’t buy something now Thank you!!!

Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.

Not everyone can just pack up and leave to a different state: people have jobs, families, etc. and many want to stay in the same school district for their kids.

I want to begin my real estate journey as soon as I get out of school.

In saying that, I did school myself but not all I learned may be fact.

Remote work, travel nursing, school.

This is a personal preference thing, based on an extensive amount of people I've encountered in my life, to 99% of the people out there, pay off the mortgage is the way to go if they can. 99% of the people in the world would be beyond content with financial freedom: meaning, in general purchase whatever you want (minus mega mansion and private jets), go wherever you want to go, send your kids to whatever school they want to go, and last a life time.

I went to school in Santa Barbara and moved out to Reno, NV to live and invest. 

Towns/cities hate them because there are no proprety taxes yet they chew up services for things like more school kids, etc.I'm sure there are deals to be had out there in parks for people that are looking. 

My wife and I are both currently public school educators and I also happen to be a coach.