New Investor looking to get into rentals.

[Kayden Austin]

Im currently looking at buying a property with 50-60k equity straight away. I’m 21 and don’t have deep pockets so it will be my personal residence for awhile. Also I’m in CA and have always been told not to invest in rentals here due to tenant rights here. I don’t want to pass on this deal but also really wanting to get a rental property out of state. Just trying to get insight from a 3rd party.

[Kerlous Tadres]

I’d recommend living in the property first and house hacking it to keep your costs low while you learn. After that, use the experience and equity to invest out of state where rentals are easier to manage.