Since I am paying rent in LA(and will be working here 5+ years), I’m thinking that getting a duplex/triplex etc and living in one unit and renting out the others, living mortgage free, or as close as possible, is my best bet to start.

@Dakota Shuck I think house-hacking would absolutely be your best bet.

Hi Rodneisha,Damaged door and stolen Blinds (you have been robbed by a strong interior decorator)...Better than stolen furnace, hot water heater and copper pipes.Maybe put a steel security door on the rear (and front) to make the new renters feel more safe, as well as motion detector flood lights way up high on the house in the back.https://www.youtube.com/watch?

It sounds like your best bet is to pursue a HELOC to finish the ADU and then submit a cash-out refi for the long term 30 YF financing. 

In your case I think it's best to be safe than sorry.

Hey @Rudy Munoz As stated above, doing a flip and putting cash in your pocket is likely your best bet if you have a bunch of other debts.

What is your best bet?

Is it risky/or safe for someone out of state to invest in Oklahoma ?

Your best bet would be to find a portfolio lender.

@Allison Hodges if you’re remote and don’t have contacts in the state to give you recommendations, google is probably your best bet.