In terms of the title, you can go in together and the loan can be under one or both people depending on qualifications.

I graduated college last year and I'm starting to build my career toolkit (while paying down just shy of $15K in student loans).

The west coast markets have traditionally been appreciation markets, and if you are not forced to sell and can hold long term, risk diminishes.

If you have a loan, you may wish to look into due-on-transfer clauses.

All the loans are in different LLCs.

So if you say got a 2-family in one of these towns, you could live in one side and then short- or mid-term rent the other side and max your income out there to pay down your mortgage.

If you ever have any questions about a hard money loan - i'd be happy to assist! 

Hi guys, I'm new here and to real estate I'm originally from Asheville, NC but the Army moved me to Clarksville, TN I'm looking forward to getting my first rental property and keep learning and expanding my portfolio ...

The repair costs will take multiple years to recoup and with the age of the property I'm concerned if it's even worth holding long term or get out while I can before I fall into a money pit and get stuck.  

Obviously I don't have much to offer currently in terms of local knowledge but I love connecting and sharing info and plan to be a valuable and helpful part of the investor community there.