@Caleb Kim  isn't 3 boilers a bit of a pricey option? 

Sounds like a good plan - from a financing perspective, its a good idea to start researching now - for better or for worse, a lot of lenders view 1st time investors without a primary residence with a owner-occupied mortgage as a flag and might limit some options

Sacramento is a great option if you want to stay in California, or choose another cashflow positive market.

I will explore my PM options and ensure I explain the fact that the property may need “more attention and TLC” than the typical property.

Unfortunately, we found out that we could not use this option since the property used window units for A/C which was not accepted for FHA financing.

There are some great options in Columbus and Cleveland (two top-growing cities)! 

I hate having paid for land that's doing nothing but I don't see any other option right now besides selling.You have to be careful with some of these Spec cabins as well.

Wish I had a better answer, but that's the best option...

With that said, Saratoga Springs is still a great option.

If you're with a broker now have they indicated they might have other options or do they not communicate with you?