I originally posted on reddit saying I had 20k cash to my name but very very low expenses and a high risk tolerance.

I'm still thinking if this is the right move for me given the high property taxes there, hassles of out-of-state management, additional CA taxes, as opposed to simply investing in index funds (which might have more returns).

I am not able to deduct depreciation on my rentals due to my AGI being too high.

I’m a W-2 employee in a high income tax state.

BiggerPockets PRO Team, What mailer companies are you using and highly recommend?

Everything is highly individualistic and there isn’t a “right or wrong”, but what works best for you and your situation. 1) what is your ultimate goal for your ideal investment property?

However, high ground water levels, like those after heavy rain, can submerge leach fields, causing "over saturation" and system failure, leading to potential septic backup in the home and, if Santa Cruz County Environmental Health is notified, could trigger a ATD upgrade requirement.

Some will puff their chest shelling out a high number of investors.  

I’m working with a property manager who says they never use dehumidifiers for the high maintenance but shouldn’t I be worried about mold in the basement?

High crime, high vacancy rate, bad schools, abandoned real estate everywhere.