Managing this from California has presented its own set of challenges. 

Additionally, many lenders have limited legal usage conditions for properties to qualify as second homes (particularly in coastal areas.)

Also worth noting, unlike the stock market where you can buy into the broader market and the market price is set, real estate you are buying a single specific deal where prices are not set.

I like to set rentals up for lower maintenance long term as much as possible.

It's a slower start, but it could set you up for bigger moves down the road.

Most of us would not.... but this individual is fine with it all.... it is a completely different set of ethics (or absecence thereof) in which they operate by, it would be a fallacy think that your verbal agreement when you met with him will be honored, have any of these above questions been honored so far?... 

@Peter Ovbiebo I went through Trustone - $650 origination fee after appraisal and I was all set

Raise that limit if needed)Other structures  (for detached garages, sheds, etc...)Liability   (Maximize this coverage. 

I am working with a creative team that I would be happy to introduce you to if interested.I always like to get to know the people I refer, so if you re up for it, please DM me so we can set up a chat online.

Keep educating yourself before you dive in so you can really set your standards and not get your hopes too high up.