I live in the SF Bay Area and I would prefer a local CPA, though a  remote CPA would be just fine.

@Jon R.Hi Jon,I’m originally from the Bay Area but live in the San Antonio area now and have been investing for here for the last 5 years or so.

Ideally we'd buy no more than 3-4 hr drive from the Bay which of course means paying a ton of money.I am (maybe unnecessarily) scared of LTR because CA is such a landlord-unfriendly state (I have heard too many horror stories) so we are leaning towards STR.

I'm also based in LA, specifically the South Bay.

I think tech is always a great business to go into (bay area grad lol) I'm actually in the process of creating an app.

I live in California Bay Area so obviously prices are very high which makes it tough since i don't have a ton of capital Saved up. i plan to use an FH loan with a 3-5% discount when i purchase my first home which requires me to live in the property for at least a year.

This is why the nor-cal bay area is a great location for these types of assets.The investment strategy is:Buy land -> Build Housing -> Airbnb the property -> Refinance -> Repeat/ReinvestThe advantages of this strategy are that:- You avoid costly & strict commercial class codes & regulations (due to unit amount, less than 5)- You are massively improving the property by taking it from dirt to highly demanded housing- Building new means you will not have any repairs/maintenance to worry about- Airbnb improves the income of the property reducing investment risk - Refinancing means your capital will not be stuck, allowing it to be reinvested & grow- Once your capital has grown large enough (2-5 years or a few fourplexes), you willbe able to invest in a long-term cash-flowing asset that will provide enough passive income to retire you/your family)Thanks for reading and if you have any questions or want to discuss any of this with me, leave me a reply or send me a message!

@Dylan Grieve where in the Bay Area is this property?

@Mary JoeI agree with what Dor said, you can’t really compare Astoria to Bushwick or Bedstuy, it is more like the Bay Ridge of Queens.

Real estate agent - Erin McNamara Remax on the bay, big help!!