My parents live in Prescott, Arizona and it seems to be an area that has continued to boom, has low vacancy rates, and a bit of a shortage of rentals.

I've lived in the OC pretty much my entire life. 

I met with someone once that was doing this with the help of a virtual assistant.

My investors don't want to live with their tenants and be constantly available for questions, complaints and service 24/7. 

We are planning to live in the owner's unit and tenants above have lease that is expiring mid 2024.

As you've already seen, BiggerPockets is a great way to network with other investors and gain knowledge from industry professionals.Assemble Your Team: Assemble a group of experts, such as real estate brokers, bankers, contractors, property managers, and attorneys, to assist you with the investing process.

I am currently a renter in Northern California with no plans to buy in the market where I live.

I live in the Chicago suburbs, so just about every type of neighborhood is available... cheap, expensive, old, recent construction, well kept, run down, etc.  

How are you able to tell what is the average salary of the people who are living in a neighborhood?

I live 3-4 hours away, so I'm putting together some local resources.