The high cost and lack of multis in my region forces me into other areas.

So, if you are going to invest there, I think it best to NOT assume it will continue to boom as it has over the short term, make sure the deal makes sense today, and has some extra "insulation" to cushion you in case it goes bust so that you are not forced to sell or lose the property then.

Again, if you're in a low tax bracket this may not make that much of an impact.

I am Air Force veteran, separated early this year, live in San Jose.

They use a transfer to force a repair or upgrade. 

You can't force someone to be successful.

Plus the bank will devalue your cash flow by debt to income, forcing a 25% vacancy on it.  

House hacked 3 deals (this has by FAR had the biggest impact)4.

If you don't do it this way you end up in situations where you are forced to throw good money after bad.

This property location might not be exactly where I would like to live in 2 years if I get married, so I am wondering how big of an impact it would have when I try to get another mortgage on a second property?