The investors we work with from California find that the proximity to CA is a solid benefit.

@Logan Laperriere Thanks for your response!

Meanwhile you probably want to shy away from the bank where loan officers leave.While not a primary emphasis of your post, it was mentioned by others in their responses and wanted to suggest not to purchase real estate in your name solely because the loan terms are better.

Operates like SD-IRA but I have full checkbook control (and responsibility) without requiring a custodian.

You need a much more solid foundation to build on.

Here are some considerations:Advantages of purchasing a primary residence include stability, tax benefits, and potential for appreciation.The drawbacks are High prices in California, opportunity cost, market uncertainty,Pros of investing in real estate include diversification, cash flow potential, and potential appreciation.Cons include management responsibilities, market risks, lack of stability, and so forth.Determine your long-term financial goals.

Remember they are responsible for every aspect of managing your business.

Thanks for the response.

I cannot emphasize location enough That being said your research on (2) locations looks fine to me, (3) property types is fine, (4) starting small is a good idea as well, (5) conventional 30 year loan is a solid easy cheap routeOnto (6) Property Management - research and essentially interview them.

Hi Shannon,Apologize for the really late response as I never see your message.