It had never occurred to me that one could be self-sustaining through one's own resources, mainly because I had never made an effort to understand money management, retirement, or finances in general.An MMM blog post led me to BiggerPockets, a forum where the members, sophisticated investors, referred to their properties as "doors."

Accepting Housing Assistance payments for a vacant unit.3. 

hey @Shaydon Childersmost responses are right, this will be challenging for traditional DSCR as they dont like gift of equity; and seller credits would be capped (usually at 2% of your purch price) and only allowable to be applied to closing costs. i have one lender (specifically for 1-4 unit investment properties) which will allow for up-to 90% CLTV... and they are okay with seller financing so long as the seller is in 2nd lien position, allowing them in first lien position. they would max at 75% LTV on their 1st, with a 15% allowable seller-carryback (90% CLTV), and then up to 3% seller credits toward closing costs too. they offer 30 year fixed rates, however, due to the added risk for the lender, the rates are going to be much higher than the traditional DSCR loan.

I have 1 rental that I self manage and I have to drive to Home Depot and buy $19 pest control spray.

I have a 12 unit and would love to tap into some of the equity without having to do a cash back refi.   

I would suggest getting someone very familiar with the area and not think its a good deal just because its a brand new build. this is why I suggest Build to rent buyers around the country look at least at multiple unit dwellings. the majority of investors are buying single family homes where the rents don't even meet the 1% rule. we build infill triplexes in columbus that meet these ratios and are well locate in the urban core. you have to find an operator that does what you want. sorry to hear about your issues Chris 

The chart is correct, Austin has overbuilt multifamily units and it will take a few years for the supply and demand balance to return.

To the west is also popular, like Pooler, but I'm not familiar with regulations.You could do Mid-Term Rentals, 30+ day anywhere for now.You could house hack and from what I understand, there is no restriction if the unit is owner occupied in some form.

My name is Paul and I'm the Director of Marketing for Oakwood Management Company, the largest PM in Central Ohio and Columbus with 12K+ residential units under management. 

That is really the way that YOU will manage the property as opposed to how the property management company did it.Good luck with your rental unit because there are a lot of laws that affect the CA landlord and renter, including more city/ local areas.