I will continue conducting my research but I hope this helps in the mean time!

REmember, the licensure course doesn't tell you anyhting about being an agent, how to get leads (thats pure sales), how to conduct a transaction, how to save the deal, etc. 

Also, it's important to conduct thorough dilligence on anyone you intend on entering a partnership with.

While the short-term vacation rental unit is rented, a local contact person needs to be available 24 hours per day, seven days per week, to respond within 45 minutes to complaints regarding the condition, operation, or conduct of occupants of the short-term vacation rental unit or their guests. 

Before deciding, conduct market research, consult with a real estate professional, and weigh your priorities, considering your need for immediate capital, risk tolerance, and long-term goals.

You are aware of the local communities, employment marketplaces, and prospective growth regions.Equity Building: In a market like San Diego where real estate values have traditionally increased, house hacking may be a potent means of accumulating equity.Long-Term Considerations: House hacking locally could fit into your lifestyle if you intend to live in San Diego long-term and have family concerns.You might also explore a hybrid approach – investing locally in a house hack while allocating some capital to out-of-state investments for diversification.Remember to consult with real estate professionals, conduct due diligence, and possibly network with investors in both local and out-of-state markets.

Conduct thorough research: Since you won't have a real estate agent representing you, it's important to do your own research on the property, its value, the neighborhood, and any potential issues or liabilities associated with it.2.

An 18% return is not unheard of in the syndication space, but certainly conduct due diligence and vet the sponsor.

I think this has been a game changer for us to find quality tenants.Also when we move in section 8 tenants we will conduct a monthly inspection for the first three months.

You can prepare yourself for that by having another inspection conducted 10 months in then bringing that to the builder to see if they can fix anything outstanding for you, before the warranty is up (if applicable).In summary, buying a new build means you have to arm yourself with information so that you know what you are getting into.