Let me disagree with the "you are on the right track" chorus of my colleagues.

The latter will typically cost you more, as there are two sets of closing costs and the front side will pass their cost on to you, so you pay twice essentially.

This November, California voters will decide on Proposition 33, which could repeal the Costa-Hawkins Rental Housing Act, expanding rent control options across the state.

As you begin your investing journey I would suggest looking at a good resource like this website to just get a good idea of different areas. https://www.areavibes.com/Its a great resource and starting point

The more clarity you can offer, the easier it becomes to align with the right financing strategy.

Rick, I'd just start by searching the forums here.

Of Course, but where would be a good place to find a good Powerpoint template to use for the Pitch Deck/Investment Memorandum?

The renovation is complete and the property has been on the market to rent for about three weeks.

Hey Everyone,NJ investor here, looking to buy my first STR in the Orlando/ Winter Park Area in the next few months.

Then I would shoot for areas that appreciate the most, because when leveraging the 5% down.. appreciation will bring you the most profits.