Buy a Duplex in California?
I am going to be moving to the SD California area in June with my job. I want to purchase a duplex and rent out one side while I live in the other side. I am very busy with work so I would also need to hire a PM. Here are some of my questions and concerns. Please feel free to add anything that might add value!
The RE market has been crushing it and CA is very expensive- so should I wait until the housing market drops?
What are some things that I need to be aware of with investing in CA? Is a duplex a good idea?
How much am I looking at paying if I want to be in a safe environment?
How much am I looking at paying if I want to be within walking distance to the beach?
How much of a down payment will I be looking at, and how much should I have available in general?
I know that these are vague but ANY insight would help!