In addition, they are bearing the risk of you backing out of the deal and them being stuck with vacant units not bringing in rent. 4.

I do not see that home prices have dropped 2-3% and this is a lot of added savings in additional to a downpayment if so. 

Additionally, make sure you’re familiar with local property laws and any regulations that could impact your investment.I agree with @Jason Wray that you can easily find a cash flowing deal under 200k. 

Pay attention to the duration.DM me if you want additional thoughts.Jeff

Here are a few ideas to explore that might help you get closer to homeownership in San Diego without selling:Cash-Out Refinance:Refinancing one or both of your El Centro properties could free up additional cash for a down payment without selling.

As JD said, the tenant must list the landlord as "additional interest" on the policy.

- Are there any resources / you tube vidoes/ or additional BP Videos I should be looking at- If anyone is so kind, would anyone be able to give me a tutoring lesson for any hour, and if so, I am willing to throw a little money for their time.

Budget Wisely:Make sure your budget accounts for the purchase price, the cost of the renovations, and any additional charges involved in flipping a house.

And what your prior occupation was/is  do you have monthly retirement pay from a W 2.Or are you self employed your whole life and the only one that is going to help you in retirement is yourself.. ??? 

Since seller-paid fees usually cover their services, you get local expertise without additional expenses.Final ThoughtsLive where you like, but invest where you can achieve financial freedom.Out-of-state investing has proved to present excellent opportunities.