Bonus points if its in an area with an expedited permitting process and free to discretionary drawn out things like design review. 

Are you proactively searching, have a keyword alert, signed up for municipal updates, is the word making the rounds of the local REIA etc?

It raised a $30 million funding round in 2020 led by Boston-based investment firm Summit Partners, San Francisco Business Times reported, giving it $36 million in total funding.Yeck said Austin’s tech scene, an ecosystem known as “a hotbed for startups outside Silicon Valley,” and the city being “a super attractive location for talent” are among the reasons behind the company’s headquarters relocation.https://www.bizjournals.com/au...

(I know their is probably not a right or wrong answer and it depends on the situation, but any help/opinions are much appreciated)Here is the pros/cons list of each that I have compiled: (feel free to check my work haha)SD House Hack Pros:- FHA low money down (not that big of a loss even if the value goes down)- can manage myself- can later refinance out of PMI once equity is built SD House Hack Cons:- rents will most likely not cover the PITI, when moving out- not living for free, still paying monthly (but at least mortgage and not rent)- California landlord laws (covid)- makes getting financing for out of state rentals harder if doneOut of State Rentals Pros:- immediate cash flow, can potentially get enough units to support mortgage in CA- market less volatile - better lawsOut of State Rentals Cons:- a lot more work, need to start a whole new businessSome bonus questions to get your brain firing:1.

Also, with 5 initial purchases behind me, I could then pool all net positive cashflow + any profits pulled from the cash out REFI on each property + an disposable personal income I am willing to commit to the effort and buy potentially 6-7 houses inthe second round.

On the deed it is listed as a 2 bedroom with a bonus room.

In my third round in 2019, I had just come off a job loss that had me on unemployment in late 2018. 

Rather, it should be looked at as a bonus!

Bonus points if the utilities are all submetered so tenants are paying the water/sewer/trash; I'm assuming a 211K duplex will have two gas and electric meters so if the water meters are separate and you have no utilities then the deal isn't bad, especially in this hot market. 

Therefore, I invest for cashflow and any appreciation is a bonus.