Being a first time investor, I don't have a track record so hard money is pretty expensive, which also gets factored into purchase costs and makes finding a deal in this market all that much more difficult. 

In my defense, it’s difficult to estimate the value and rehab costs of a property you can’t see because you’re on the other side of the planet.

I've done 2 deals in the building and their management company is a bit difficult to deal with.

After doing some searching, a ramp is classified as a "reasonable modification" and the cost of reasonable modifications are at the tenants expense. https://petriepettit.com/blog/...https://www.hud.gov/sites/docu...The difficult part might be finding someone to do the work.

If your payroll address and drivers license show California, you may have a difficult time not paying CA state income taxes.

I have only invested in the bay area in the past decade but at this point finding it very difficult to come across a good investment - flip, buy or hold or cash flow (CA is anyways not a great cash flow market).

Once you get a grasp on what wholesaling is, you can start jumping into that journey and you will already be miles ahead of other investors, but again, it comes at the difficult task of learning as much as you can and not giving up.Hope this helps and feel free to reach out if you have any questions!

Management can be very difficult on properties like that.

The HML I'm looking at requires 20%-30% down which will tie up quite a bit of money making it difficult to do more than one deal at a time or stagger purchases, so I'd like to be able to pull cash out of the deal sooner in order to move on to the next deal. 

(That's not even including how difficult it might be to get a property under contract with a down payment that small - it's possible, sure, just challenging).