Or will you be depending on a PM?

That is real estate ; ) Also, choosing the type of property, working with vendors on behalf of the owner to facilitate repairs and renovations is also real estate.

I don’t like providing  blanket SF costs as there are scopes that differ depending on the home but it’s very difficult to complete a gut renovation on a 2,000 SF home for less than $200,000 if you’re pulling all proper permits and and not cutting corners.

@Hoa NguyenIt depends on the capital provider.

Over the years it has been up to the city and county to pass ordinances if they choose to regulate vacation rentals.

So in short, yes, investors are still buying properties in San Diego, but not all, it depends on what they are looking for.

After some research and thinking, I have come to the conclusion the best starting point for me to buy my first out-of-state property is going to be in West Virginia. with a low price point to start with I think I can ...

Something to note, if you pay cash for the house and later require access to those funds, utilizing a HELOC (Home Equity Line of Credit) allows you to retrieve that money.Secondly, the right approach for investing depends on several factors.

It depends on how much you're willing to spend. 

Choose secure communities like West University, Rice Military, Bellaire, and Montrose that have strong rental potential and are close to Rice University.