Multi Family in SoCal

[Bret A.]

Hi all, just made an intro post in the newbie forum. I decided to take the plunge a few months back and have been searching for a 3-4 (even a duplex) unit rental property. i quickly found (as i already figured) orange county was not the place for me...to invest anyway. i then went to corona/riverside, but not fining the best quality multi family homes in the ~$300k range. i'm having trouble narrowing my search to quality areas. would it be wise to venture out of CA? i have ~$80k for a down payment and would love a positive cf of at least $700. is this wishful thinking? obv there are many variables, but any suggestions on where i could begin another search? i plan on hiring a management co to handle maintenance, et al, and also plan to buy and hold.

thanks for any feedback in advance. if anyone needs clarity on my situation, ask away.