Inventory is so low that you could do well with it.

After renting out and ultimately selling my personal residence following a move, I know there is so much more to learn.I live in the mountains of North Carolina, originally from the Winston-Salem area, and have a thirst for the hustle and bustle that comes with real estate investing.

Supply decreased 63.6 percent for Detached homes and 61.1 percent for Attached homes.Sorry this is so hard to read... hopefully you can muddle through it.2019 2020 Percent Change Thru 12-2019 Thru 12-2020 Percent ChangeNew Listings 1,410 1,461 + 3.6% 35,530 31,330 - 11.8%Pending Sales 1,396 1,691 + 21.1% 25,090 25,823 + 2.9%Closed Sales 1,907 2,195 + 15.1% 24,862 25,096 + 0.9%Days on Market Until Sale 38 19 - 50.0% 36 26 - 27.8%Median Sales Price* $637,500 $730,500 + 14.6% $632,500 $700,000 + 10.7%Average Sales Price* $798,932 $954,098 + 19.4% $790,166 $894,124 + 13.2%Percent of Original List Price Received* 96.9% 100.0% + 3.2% 97.0% 99.0% + 2.1%Percent of List Price Received* 98.4% 100.4% + 2.0% 98.4% 99.6% + 1.2%Inventory of Homes for Sale 4,572 1,825 - 60.1% -- -- --Months Supply of Inventory 2.2 0.8 - 63.6%

The high costs and additional legal obligations written into your loan agreement makes hard money loans too risky for every type of investing with the exception of a slam dunk that is so profitable the profit offsets the risk.

The reality about fix and Flips is that there is SO much information out there on how to do it that you really just have to comb through it all and see what works for you.

Currently renting a room in Carlsbad and work in Carlsbad area with the option right now to WFH.San Diego housing market is so expensive so I'm renting a room month to month while saving for a property.In your opinion should I buy a house in the San Diego area (Escondido, Vista, Oceanside) with the goal to rent out the other rooms to pay for the mortgage or invest in a property OOS (Alabama, Texas, Arizona) or stay nearby for my first rental in Temecula, Murrieta, San Bernardino, Riverside etc and continue paying monthly rent in San Diego. 

There is so much information at our fingertips these days that you can easily generate the list of people you need.

The only reason for an HOA is so that there's an agreement among owners of a building on the maintenance, care, upkeep, upgrades,.... of common parts of the property.

@Michael SchindlerHaha yeah I was the same way when I first started but now I'm realizing that there is so much I still don't know.

Because my current balance is so low, I would need to pull out 140k.