Entertaining the idea of building something unique and smart for the Austin, Texas area or other parts of the country.

With the additional cost you might only do select properties.

She's acutely aware of all the nuance regarding investment property selection in the various submarkets of SF.  

@Joseph LaliaEven if someone give you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Once I start having some success there, now I don't look at California and get disappointed, now I just enjoy exploring creative strategies and making my network in different states, and talking with amazing people making money in unique ways. 

We all have unique financial situations and a CPA would be best qualified to advise you on whether it would makes sense given your current standing.

@William Philipp so every client has a unique risk tolerance and different income needs. 

In order to receive series LLC benefits, the series must be filed with the Texas Secretary of State, have a unique name from its siblings and parent LLC, conduct business, and be in compliance with the Texas Business Commerce Code and Texas Business Organizations Code.

Not to mention you are in a unique position because you intend to invest out of state meaning that you can tap into any hot market throughout the country.

Unique homes on unique properties.