@Robert Perez hey Robert, I'm right by you in Santa barbara.

@Nick Barbara I use % of gross rent as long as it is near the $1000 per month per unit.

I recently purchased a home (my 4th) in the Santa Barbara Area.

I am a 20 year old college student studying at the University of California, Santa Barbara majoring in Economics and Accounting.

@Barbara A. this discussion could go on forever because there's a lot of variety out there.PM is a nickel-and-dime business.

My family is in Santa Barbara CA and I love being close to them but figuring out how to invest wisely and make good ROI in such a high priced market has been a challenging idea for me thus far.

>If cash flow is the objective I would probably not recommend San Diego.I see this sentiment expressed a lot but historically it is not accurate.I suspect the cash flow on my San Diego rentals exceeds the cash flow of >90% of the nation and that most of the RE that does exceed my cash flow are areas that typically are not associated with having great cash flow (places like San Francisco, NY city, Santa Barbara, LA, Orange County, Honolulu, etc.). 

Originally posted by @Barbara Warren:I have an off market property I am looking to put under contract.

@Barbara LatimerI would try to ask for referrals from local landlords.

If you are house hacking, you would be managing your property yourself, but for property management I would suggest Barbara Habbeshaw of AZ Residential Management.Your desired price range will be a guiding factor in what kind of solutions are available.