BRRRR possible in Southern California?

[Jordan Avne]

Hi there!

A business partner and I have a goal to purchase a single-family home with no to low money down to be kept long-term as a cash-flowing buy and hold investment in our local market - Southern California (Inland Empire area). We are strategizing around how to find properties, analyze to ensure it cash flows, and line up financing (possibly to use the BRRRR strategy). We realize that Southern California is a challenging market to find cash-flowing properties, especially with low money down.

Our strategy will be to market to find off-market deals, and then use hard money (or an investment partner) to BRRRR. We're looking at primarily direct mail marketing, but we are open to (and researching) other strategies, such as driving for dollars, working with wholesalers, etc.

Before we start investing some capital into direct mail marketing, I wanted to see if anyone here had any advice for us about embarking on this goal.

> Is anyone having success finding cash flowing rentals using direct mail marketing in Southern California anywhere?

> What additional considerations should we have in analyzing potential deals given California's tenant-friendly legal environment?

> Are there unique techniques you all have used to find off-market deals in this specific market?