Single family with an in law might be a good bet for house hacking, btw.Quincy has some definite upside and i think is still an “inefficient market” growing around public transportation. and i would check out hyde park in boston for growing gentrification as well as neponset ave and morrisey  blvd in dorchester where a ton of development is planned 

The UK market definitely has its own structure, especially regarding financing, taxes, and letting laws.

Before retiring from work as an attorney, I lived and practiced law in the West Texas area for over 40 years.

Before retiring from work as an attorney, I lived and practiced law in the West Texas area for over 40 years.

In the meantime, start practicing by looking at properties, analyzing ARVs, rents, and market trends, and getting familiar with the neighborhoods and overall layout of Memphis so you truly understand what you’re getting into.

The most important thing is finding a CPA who understands the state tax laws of your resident state(which seems like it is CA).Understanding state tax laws of the state where the investment property are important, but not as important.Somethings you want to know whether the state is a gross income state or a net income state.

Given that this tenant is on Section 8, I want to ensure I follow the right steps without violating any laws.

When you charge a fee, you are then acting as a registered lender, if you aren't registered, then you are in violation of registration laws. 

Quote from @Denise Supplee: Hi @Fred McKinley Hughey, For a comprehensive foundation, I’d focus on a mix of books, podcasts, and practical learning.

Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.