Unfortunately we live in northern San Diego so properties are very expensive.

You don't need to hit a home run on your first swing; you need something that will get you started.

I intend to market the place toward single family or a couple of military students so I've been looking at 3bd/2+baths and want to be able to rent it out for about $1500/month (given the military rental allowance for the area) and thus the respective mortgage I'm looking to hit. 

After you have an agent in place, you can get MLS automatic emails as soon as properties hit the market and the analysis fun begins!

Hello everyone,It's nice to know that there is a community of property investors here at bigger pockets.I am Victor from Australia (Melbourne).I am new to property investing and still learning, reading and listening to youtube, pod casts and books on investing in general.I am extremely intrigued by the idea of generating passive income through real estate investment ever since coming across rich dad poor dad a month ago and more recently, bigger pockets podcasts.As a start, I plan to learn more about the mechanics of investing in real estate before taking steps to actually start looking at my local market (Northern Suburbs of Melbourne)In fact, I have already formulated some short term goals to accomplish: 1.

Another option is to expand your search to northern PG County.

We've done well in the northern side of Richmond, but anything near monument or University of Richmond can be very pricey and very sought after. 

As for resources... search BP for house hack or BRRRR and you will get lots of hits.  

I hit email more often than BiggerPockets

@Mark CreasonI thought you don’t need to pay capitial gains as long as all the money from the sale goes into the reit but once when you take it out from the reit then they hit you with the capital gains.