I will definitely keep it in mind.The first investment I made was out of state.

Here is a consolidated list of counties in Idaho to invest.Investing in real estate in Idaho can be highly rewarding, particularly in counties experiencing robust growth and development.

Like a lot of cities in California, San Mateo has a housing shortage, which can be seen through the high costs of housing and the increasing homeless population.

If you have a rich parent/rich spouse who's willing to sponsor your mistakes, a very high paying job that can sponsor your mistakes, or won the lottery and can afford mistakes, then you don't have to do the last step and keep doing what you think it's the right thing to do. 

At the price of a nice vacation home here I could invest in many other highly profitable places.

Brendan,In banking terms you might be "Risked out" meaning too many mortgages which equal "Excessive Tradelines" and those two things equal high risk.

Any recommendations or experience on good online banks with high APY for this purpose? 

Definitely comes down to risk assessment and bandwidth.

As others have already said, you definitely can remain the host and make another party the co-host, but then allow them to do all the guest communication, pricing, booking, etc.The only tax implication I would say is that I'm sure you will be paying the co-host something.

Strategic Location: Ellenwood is a growing market with high demand for renovated properties.