Don't worry about anyone else in your market.Lay out your goals, formulate your plan to achieve those goals, then work your plan and adjust as needed as you learn more.

Adjusting your price point strategically in a good rent areas is a way to get started.

It is funny reading these comments because if people knew how much he knows and how strategic he is in how he runs his companies and training, there would be a 10 year wait list to work with him. 

The above are just a few of the things that come into play when determining what type of entity(s) you require to strategically reduce taxes and liability issues.If someone tells you a "solution" without knowing your situation RUN!

They actually gave me the idea and helped me formulate a reasonable fee as well.

Learn about their executive team and drill down to discover if that team is really their team or just a padded menu board of “strategic advisors” or consultants that aren’t fully involved in the day to day operation of the business. 

I would typically still want to live in San Jose, but open to moving somewhere affordable and invest in other areas of California or possibly out of state.It would be great to hear some ideas on how I can plan, strategize and transition into growing as an upcoming investor in the Bay Area scene.Thanks!

Its about strategizing there is a bigger picture here other than just one property and for me its not just about cash flowing properties. 

@Kedar Nigudkar, congratulations on the strategic move. 

I'm brand new to the idea of real estate investing and am trying to formulate a plan in order to acquire my first rental property.