I'm thinking California because I live in the Bay Area and would like to be nearby for my first property. 

Self manage and maintain and do as much of the work as possible.If I had the energy I’d BRRR and buy a second multi nearby but we also both work full time.

There’s a lot of nuances on the west side from franklinton to hilltop and nearby.

Since there is a property getting built nearby I'm assuming so but you should do your own analysis.As for cost, I would think the owner of that 10-unit across the street might be a good place to start.

It is located on the smaller lakes attached to the larger one.I can certainly agree that the summer season seems reasonably easy to rent out.It is within 45 minute to loon and 55 minutes to the smaller mountains in the region - would you qualify that as near by?  

Locals nearby the property will be mailed about your application and they will have an opportunity to oppose it at the CoA meeting if they so choose.It's a really easy process, the Planning office and the COA are there to help people from all walks of experience. 

If you are rehabbing and flipping it is not a good strategy to enhance the property beyond the clear value of similar nearby properties.

It uses the same thing a basket of goods, but instead of 100$ they use 500$. here is a website to the index to check out your near by large city... this illustrates the difference. http://www.chapwoodindex.org/So, commerce stopped, but the bills did not. providers of services held out their hand for the bills, because the "VID" does not effect money.

Have you done the comps on nearby properties and verified your potential income...?

This only works if you live nearby and have time for it.