I'm a newly licensed agent in San Diego and I'm interested in fix and flips and buy/holding rental properties.

Here are some strategies to consider:**Networking and Recommendations**Local Real Estate Meetups**Property Management Companies**Virtual Tours and InspectionsBy combining these strategies, you can make informed decisions and build a network of trustworthy professionals to support your out-of-state investments.

My budget for the first property is $50k ~ $100k.

Because the Property Class dictates the Class of the tenant pool that the property will attract.

Will I ever have to go to the property?

Not 5%...but at a point where the original equity can be returned and the property still cash flows.

Property values only going up up up for decades. 

FHA requires that the net rental income of a 3-4 unit property be equal to or greater than the monthly mortgage payment (PITI), ensuring the property can cover its expenses. 

Remember on VA foreclosure you may be able to get VA financing for investment properties. 

The property type listed is vacant land.