Long story short I realized there’s a lot of people in this society who have never bought a home, can’t afford one and don’t know how to.

Problem solved!

Im wanting to open a separate bank account for each property and saw a lot of people recommending Stessa for bank services.3) Do most use an LLC when having multiple rentals?

People still invest everywhere.

I personally know many people who have gone out of state and made good money.What a good or bad level of appreciation is relative.

It’s like winning lottery - you take lump sum or annualWhen people say well banks do it, the banks can make a $100,000 loan with only $10,000 (fractional lending - which you and I cannot do).

I haven't personally house hacked a room, but I do know some people who have.

With that said, I would define your niche if you haven't already to help people only in that sector.

Great spot to get started and plenty of awesome people to help you on your journey!

Would talk to people about partnering if you want to stay in the CA market, not pushing you away from out of state.. but there are deals here that cashflow and make sense too.