I do not yet know what my end goal is, but my current goal is to obtain 1 single-family home rental property, and expand from there.

Premium RE, high COC return like a luxury STR or small balance multi family could be a good partial anchor. 

You might also want to take into consideration if it's a single-family or a multi-family.

Dont talk with your family or friends about Real Estate investing.  

Are you looking to add single family homes or multi-family properties to your portfolio? 

I am closing on my third single family home rental. 

They plan to sublease to professionals like traveling nurses (2-5 months) and short-term families (we're near Disneyland).

I see you're interested in multi family just like me.

For all three clients the emphasis was on a second family vacation home with the ability to offset costs through STR.

Purchase price: $635,000 Cash invested: $200,000 Built in 1880 as a single-family address, this rare three-story grand brownstone designed by Ogden and Wright was purchased by myself and investors for conversion to a boutique hotel.