Same boat from Orange County, CA and I've been looking into Huntsville, AL; Evansville, IN; and Dallas, TX areas.

It's during the 2ND MONTH PHASE that I will answer any questions they have and not make them put it in writing.TESTING PHASE (May begin as early as the 2nd month)The TESTING PHASE is a very crucial phase.

The generous tenant friendly rules there make it especially crucial that you screen your tenants there probably moreso than any other market of the country. 

We stocked up on oranges to fortify our immune systems.

Outside of the bay area and LA, the markets in CA to consider seems to be Ventura County, Fresno, San Bernardino county/Inland Empire, San Fernando Valley, and Orange County.

For most newer investors a crucial limiting factor is having enough money for downpayments.

Lots of info out there and it looks like the main takeaway is: 1) Be weary of predatory TK providers looking to exploit newbies2) Property Management is a crucial component that must be addressed3) Always understand the exit strategy To your comments: The decision isn't based solely on the fact that my brother will be there, it was more of the catalyst.

The reason for the longer payback period in relation to the property being LISTED is... on average in Orange county (Orlando) it takes 60 days to get an offer on the MLS... in this buyers experience it's taken 4-5 months to get a house sold and if the new buyer has traditional financing that could take 30-45-60 days to close...

Land in the path of progress  carefully chosen Timber or AG tracts etc etc.. so there is many ways to slice the real estate orange up.. end of the day though the true measure is IRR not COC .. that is if your ever going to stop being a landlord..

A solid system is crucial with OOS investing.