Is Los Angeles a great place to flip homes right now?

[Brandon Chaney]

I deal exclusively in distressed SFH in LA, and I've been getting mixed feedback from some of my investors lately. Some are running full steam ahead, but a few are running out.

The Los Angeles market has seen inventory drop over the past few months, pushing prices even higher. Tenant friendly laws have further pushed investors away from rental properties. Is there an imminent decline, or is now still a great time to flip in LA?