When deciding between investing out of state vs home hacking in Oakland, keep the following in mind.Oakland House Hacking:Proximity: Living in Oakland while house hacking enables you to maintain a close proximity to San Francisco, which might prove advantageous for property management and maintaining connections with the local market.Possibility of Appreciation: Property values in the Bay Area have increased historically, which is good for accumulating equity over time.Local market dynamics, tenant preferences, and potential obstacles might be simpler to comprehend when one is in a familiar location.Demand for Rentals: Oakland has a robust rental market, and you can discover good demand for rental units if you pick the appropriate property and location.Creating Local Connections: If you live in the Bay Area, house hacking can assist you in making local contacts with property managers, real estate agents, and other investors.Investing Out of State:Investing outside of your state may be more affordable and enable you to use the same funds to buy more than one property.A few out-of-state markets can have more favorable cash flow prospects in contrast to the pricey Bay Area market.Geographic diversity, which can help reduce risks related to market-specific variations, is made possible by investing in a variety of markets.Hiring a local property management business, which offers a more hands-off approach to property management, is often necessary for out-of-state investments.Remember, both options have their advantages and challenges.

Are there specific databases or resources that are invaluable for this research?

But legit questions that are "higher level" or questions specific to my area or experience, for example, I am happy to hazard a response, because I've learned a lot from BP, and will pay it forward to real investors, not someone who's bored on a Saturday and will never buy an investment property in their existence.  

If they say yes as for specifics so you can do your own research. 

I struggle with very non-specific rules about what the REIT can invest in. 

I invested in the Bay Area for 30 years-specifically San Mateo and Los Gatos.

Also, if we want to be specific, are we talking about areas such as Leander? 

If you have specific questions about the various cities and neighborhoods, I’d be glad to help out.

Local in Bellevue, northgate for some of our other team members, what specifically were you looking to accomplish in the cashflow multi-family game? 

@Tanner Bundy is there a specific reason you want a CPA in your area?