I live in CA full time so only go to Portugal every few months.

I live in CA but am open to investing anywhere that makes financial sense.

- If you personally visit a new market, what exactly are you looking for during that visit other than touring some properties?

You can give notice to one of the tenants, then move in and rent out rooms to further cut your living expenses.Yes, something I've considered but does require me to move from CA to TN, so big life change. 

If it’s in California they will chase you for state income tax if you ever sell your new property, even if you exchange out of state. 

I am looking to invest in Temecula,CA  with the purpose of renting bedrooms to traveling nurses.  

@Richard FerraroNo need to pay buyers broker in CA, AB2992 allows the buyer to walk away from the buyer-broker agreement "if the out-of-pocket costs to pay their agent remain to great ..."

They're planning an event for passive investors in Southern California in the first quarter- you may look at their website and get on their mailing list. 

Great if you want to add rentals or non owner occupied properties to your portfolio but not so great if you wanted that winter log home in big bear CA or Mammoth lakes, CA.The good news is you're from TN so you have no earned income tax from the state on wages only interest and dividends in certain cases so thats a pro right?

If I were wildly successful in implementing any strategy, I would keep quiet about it and enjoy my life.It's like the tale about the gold miners in California during the Gold Rush of 1849:  the only ones who made real money were the ones selling the tools and supplies to the miners.