@David Marasow yeah I'm aware of all of that but you can find plenty of cities without rent control, the 5 year CO is 3 units and up and plenty of people still find ways to invest here.  

@Michael Glaspie has a book called 'The Elite Investor - A military approach to real estate problem solving' He is also a co-host of a podcast called 'Military Cashflow'There is also 'Active Duty Passive Income' which is a platform to check out as well.

Everything sounds so positive so far, but here comes our problem: We live in California, which means any property bought by either one of us would become a co-owned property by the law here.So, here are some of our concerns: 1.

I would also recommend really talking about your interest with your co-workers and contractors to find who you could use to help/ help them out with projects to come up to speed!

@Shawn K Hicks would generally coordinate a meet up prior to all of the pandemic going on.

P.S: I can find somebody to co-sign the loan that have the experience, credit and track record needed.Thanks

We were looking into flat fee brokers, transaction coordinators, and real estate lawyers, but don’t know very much about them and which is best suited for our particular situation.

None of the factors that you've mentioned are present in the area, and therefore are not affecting any kind of market shifts.The City of Naples, as well as Collier County, both have ordinances preventing short term rentals at all times of the year.

As you have no rental history, and guessing your friends don't either, they may require a guarantor on the lease-so a parent (or parents) to co-sign.

However, Virginia Beach has started to crack down on Air BnB's with a new ordinance for certain areas.