Define your criteria very clearly.Then talk to realtors or property managers on the ground in these cities and see if they can help you achieve your specific goals.Out of state investing is all about finding a good team local to the area.

I am wondering what would be defined as negligible.

Or do you have a very specific/narrow degree that has a very defined and clear career path?

I want to encourage you on the idea that you are presenting here; you're thinking of this process well and you will gain a great amount getting some experience with someone local who is already doing things, and then using that experience later on your own.I would recommend not posting this in a broad forum, but rather find local investors in your Glendale, CA area that you would like to learn from and directly message them with this offer. 

There are a lot of of nuances to properly evaluating this, but let's simplify it like this.Stocks:- Day 1 - Buy $30k in broad market index funds- Day Z (30 years months later) having reinvested all funds @ 8% RoR = $384,706 MOL (more or less)Real estate- Day 1 - Buy a $150,000 @ 20% down = $30k- Day Z (30 years months later) asset is worth at least $292,400 (a 2.25% appreciation rate)- Along the way you earned cashflow- Along the way you had tax benefits- Less "sequence of returns" risks A linear calculation may lead to a conclusion that real estate is a lower rate of return than the equities market (and it truly may be), but there are aspects to real estate as an investment class that make it quite favorable, especially in a non-tax-advantaged bucket.

Hey @Serena Tillman - I say this all the time so I may sounds like a broken record, but...First you need to define your strategy.

A Small Family Child Care Home is defined as a home that provides familychild care for up to 8 children.

But, there is no appellate decision defining exactly what is meant by "preservation improvement."

This allows a defined stamp (image/text whatever) to be applied to the pdf and has dynamic fields that take input that become part of the stamp.After that you have to "flatten" the pdf otherwise the stamp can be easily deleted by anyone who opens the pdf. 

The investigator said "the statute, as written, is so broad and so vague, it can mean nearly anything".