You don't need to know everything to get started; you need a foundation to build on and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

I live in San Diego and Im also looking to start investing out of state with little to no experience.

Does anyone have experience in this area? 

Once he has some experience, your friend could start a fund and take on investors.

If so what’s been your experience so far?

I am looking forward to growing my real estate team and winning together.Outside of real estate, I enjoy nature, traveling, family and friends time. 

They will limit the days it can be used as an STR for the 1st year but in my experience they do not follow up to track the actually days.

They can receive and forward your mail to you.Virtual mailbox services like Earth Class Mail, PostScan Mail, and Traveling Mailbox give you a real address, scan your mail, and let you forward, shred, or archive it.

Seems some of you have some good experience with the industry.I've been doing direct mail to commercial apartment owners, but one of them brought a hotel to me that he wants to sell.

In our experience, a 2/2 has higher occupancy than our 6/5 (same neighborhood).