@Melody T.100% and thank you for bringing that local CA and CPUC insight.

Then turn around and raise rents to $2k each or (whatever your local market can stand) and now you're cooking!

If you are local self managing is not that difficult, you just have to have the mind for creating and following a process.

Finally, never be afraid to connect to local landlords/real estate investors and tap  into their network of service providers for leads and ideas.

I have posted on a couple local investor fb groups.

Baltimore is certainly an area you need to go in with your eyes wide open and with an agent who knows locals rules and all its idiosyncrasies. 

There is no personal loan for non owner.Loans are organized like this for non owners:1-4 can be a conventional or government backed or DSCR or bank statement loan- lots of variety in products.

You'll need to find a small local bank or credit union that might lend to you.2) Will your grandfather cosign for you to compensate for your lack of a job?

I worked in local government for many, many years and know that there can be many layers and getting to the right person is critical.

Hi All,I am considering distance investing due to the cost of entrance being a little high in my locale.