.  $$$ Seek a credit report company. 

The only known situations where I was ever required to pay a loan fee upfront before funding is with my commercial lenders (banks, credit unions, etc.) on our 5+ units.

Can you help me with where the bad areas and good areas are?

If the properties in your area can cash flow at 3.5% FHA, by all means this is not a bad idea.

Overall there's no good or bad way to get started its all about what you feel more comfortable to make you not have bad experience where you just give up and don't try anymore. 

Just make sure you do a typical background check on the tenants and a credit check. 

I know there’s pros & cons against this turnkey strategy.For me i personally felt since I'm investing remotely, cutting out the rehab part, dealing with contractors would be less of a headache going into my first rental.I also understand that I won’t have any appreciation to start off or built in equity.I just need some advice here regarding turnkey properties and the best way to go about it.To me I feel like this can be a smart move starting out until get comfortable in the market I’m in & I’m able to build connections overtime and eventually I can really do the whole BRRRR strategy.Please let me know your thoughts whether it’s good or bad.

If the buyer wants it bad enough, them to come back in a year when you're ready to move out.I will say this too.

I don't see a bad time to buy in the Bay Area, as long as whoever is buying is qualified and has 3 to 6 months of rainy day reserve money (to cover things like tech layoffs, all of my clients I talk to that where laid-off found new work within this time period).

.- I have a mixed use property with 2 commercial spaces rented for the last 2.5 years and 1 short term rental/residential space I have airbnb'd/lived in part time for the past 2.5 years- I owe about $110,000 and have about $200,000 in equity- My credit is 580 - 620 right now due to being laid off last year and missing a couple of credit card payments.