Unfortunately, here you have quite a lot going on and maybe misinformed on a few areas.

I’ve worked with a number of out-of-state investors and can share insights on the neighborhoods, market trends, and rental demand.Since you’re visiting in October, I'd love to meet up and go over some potential investment opportunities in person.

In other words, selling one home cannot purchase two. 

I'm talking about buying with cash, pulling out cash from one house to purchase the next vs cash for down payment and getting traditional loan.

It would be like opening a restaurant that limited it's clientel to one generation.You seem deadset on it though and don't really want or need our validation/approval...best of luck to you....

Purchase price: $28,000 Cash invested: $40,000 Bouight this property in one of the worse street in this town.

We'd like to buy in Southern California to be near family one day.

Quote from @Bruce Tieu:Congrats on the potential offer.

You are in one of the best places to learn here!

Depending on your target market, you'll still be able to find some good deals (depending on your strategy).