And it's great that you're so open-minded to remotely owning out-of-state real estate.The Northeast has a lot of high-paying jobs - the best thing you can do is save your income, then take that capital and re-deploy it to Southern STR real estate.I'd strongly suggest NOT getting a property manager (waste of money) & always looking for ways to innovate & improve - there's a lotta money to be made in this game!

So far only single-family homes in 5 counties around the bay.I’m looking to step up my game into multi families.Any suggestions?

We also want to make sure the jobs aren't too heavily weighted to one industry, so we look at the economic diversity as well. 

I'm new to the game as well, i'd be happy to connect w/you :)

@Tab Teehee since you own the property you are already ahead of the game. 

BP world, you have helped me since I started this game 4 years ago.

They have more skin in the game then you do.Make sure you get clear title.

I'm normally a house flipper but I've been looking to jump into the commercial game for quite some time now and self-storage was my target asset class since before I even started looking into flipping houses.

My family (parents and I) would like to purchase our first home primarily for more living space and with the assumption that in the long game, a home [and the land that comes with it if it's a single family property' will only appreciate especially in the southern california area where the population is already dense.I've heard on one episode of the real estate podcast that we should have exit strategies - the property should be able to be a rental, be flipped, or one that we are fine with living in until the market is at a good place where we'd like to move onto a new home.What strategies would you advise a first-time home buyer in buying their first home - do you use a checklist?

What are your thoughts.I'm new to the game and looking to learn.