Ironically, the one property which I own long-distance is my California condo.

Others "need" luxury condos in several countries around the world and drive supercars.

You can do a duplex though, which might not be a bad idea.With your credit score, conventional might be a good choice, you only need 5% down for 2-4 units if you live in one. 

Since one unit is int he basement the square footage put me in line with other small duplexes.

Felicia,Look first to see if there are other quads in the area, as your only zoned now for three units, so at minimum, you could probably make this a triplex in lieu of duplex. 

Purchase price: $118,000 Cash invested: $118,000 Tried to buy a place during the pandemic in NY but was getting outbid like crazy over 100k, so I was lucky enough to buy a condo in tulum mexico and do a short term rental. 1 bed, 1 bath, with community pol, 15 minutes away from the beach and 15 minutes away from the city.

Condo Conversion Bill impacting Hudson CountyCondo Conversion Bill Pocket Vetoed by Senate President

Lilia’s breakdown of what to consider before investing is something I wish I’d read when I started.To add some color, I had a client a few years ago who purchased a duplex in Austin with a plan to hold for 12+ years.

Condos will be your best option when compared to co-ops because only about 15% of co-ops allow subletting.

I then bought a duplex and eventually got bigger.