I actually like the suggestion you gave for the second home, I just don't know how I would swing it since we're targeting it as an add the the investment holding company as opposed to a solo purchase for myself. 

@Andres Safady now that you have a market, recommend you figure out the property Class you want to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

You will meet people from different walks of life that will give you different perspectives on real estate investing.

No property management company in LA is going to help you rent by the room.

I'm happy to point in the direction of some additional resources as well.Hi Travis, i have read many of your posts on different forums.

Hi Everyone, I was wondering if anyone has experience with using your rental property as a halfway house for companies such as “oxford house”.

As a result, we're calling another appraisal company out and it's going to take a few more days before we wrap up. 

Or again, how can I can one that works in all 50 states that is approved by different brokers?

Two years ago, it was higher and sellers wanted money hard day 1 in a lot of markets.I would ask brokers and property management companies and attorneys in the marketGood Luck!

I am leaning to rent by room, given I could use the extra cash flow, and I currently work for a property management company so I have a good system in mind to use.