In a nut-shell, you will have to check with the MLS rules for the MLS that you are wanting to join.

@Russell Brazil

No matter just re read what @Russell Brazil said.

I also own a condo in Brazil now which seems to also be doing well.

Anything can sound good on paper, but you need to get to the true nuts and bolts of what is going to make the investment work...the property and the people managing it on your behalf.

I've spent considerable time exchanging ideas with him, and have nothing but the most positive commentary for you...Now - personally, he is nuts, and so are you.

Thanks @Russell Brazil and @Stanley Kong!

Welcome, @Andrew WilliamsonSoCal can be a tough nut to crack for newbies.A couple years ago I mailed out lots of letters to homeowners across LA County with no luck.Then I tried rural Kern County and got a deal from a distressed homeowner in California City.The margins were not as large as they would've been in LA or OC, but I was able to rent it out for 2 years before fixing it up and selling it for a decent gain.Also, have you considered an owner-occupied small multifamily for your first deal?

Quote from @Russell Brazil: Quote from @Johnathan Le: Hey BP,I've been eager to enter the real estate market for a while now and have been a dedicated fan of BiggerPockets for years.I visited a 1-bedroom condo in Ballston yesterday, and it has a small den.After researching comparable rental prices, I believe I can rent it out for $2,700, with the lowest comp being $2,400.

I work in Brazil for 28 days and my partner is in the Navy.