TBH, I probably wouldn't even travel a few hours away until it was under contract with an inspection clause so I could get out of the deal if things look ugly when I go see the house with my inspector. 

Lots to learn, and lots of different ways to travel.

We travel there quite often and love the area and per our research the ROI would be what we are looking for.

Hi Devyn,While you are saving your money watch the market.I don't think chasing the market up is ever a good idea.Covid-19, elections, fewer people traveling to NYC to work every day, low-interest rates we have a lot going on.Make contacts, learn the markets you are interested in, save money.Once the run on properties passes you will be ready.Good luck - Darren

I'd like to house hack by living in the ADU and have the ability to do short term rental on the ADU when I travel.

I was thankful for this very strategy in March, as I turned an LTR I have near the med center into a medium term for the increase in traveling medical professionals.

I might have to travel there to knock at lawyers' offices in person.This is unbelievable!

I can do lunch, But it will need to be this week as I’m doing some traveling afterwards.

There is a lot of research that needs to take place and a few things you'll need to get set-up before you even start making offers.You do have an advantage though because you can take your California-dollars to a new, more affordable market, and make those dollars go further and work harder for you.To start out though, narrow down your options - take a look at markets you may be most comfortable with; perhaps you have family living in a high-appreciating midwest market that would make traveling to the state more convenient - or you have friends who just bought a home in the south-east that may be able to assist with providing you local insight on neighborhoods?

For example, our hotel in Catalina Island, CA is hitting 95%+ occ every week, whereas the one in Monterrey is down in the 60%'s (20% points worse than same time last year).I think it has to do with how impacted that market is due to air travel restrictions.