As with any other place come visit before you buy and spend a couple of days scouting things out so you know what parts you may want to stay out of.

I'm going to let them know this week that I don't plan on renewing lease.

Hi everyone,I'm planning to get into fixing and flipping properties in Oakland, California, and I'm looking for advice from those who have experience in the area.

(You'd want an attorney to look the docs over but you wouldn't spend as much as we did as most of the attorney work was loan-related.)Of course you will also want to have insurance in place and that is often paid as a closing cost.Somewhat of a wild card are prorations.

What is your exit plan for this condo? 

Work with a REALTOR with a solid marketing plan and a network of buyers. :)If you are trying to market specifically to investors, join local investor groups (in person or on facebook).

I am planning to buy a duplex or triplex, house hack one of the units. 

However, I do not plan on investing in this area due to hurdles of entry such as expensive product and high competition.

I recommend working an accountant who specializes in real estate taxation and tax planning.

The other side of the duplex he planned on renovating himself, with the goal of turning it into a STR.