New member from Los Angeles area

[Kalen Jordan]

Hey there!

This is a really solid forum - thanks to the team that runs it!  Also been checking out the podcast a bit as well - very good.

I'm in the LA area.  Interested in buy and hold rental property investment - most likely properties outside of California in the $50k to $100k range to start.  

Purchased our first home back in 2007 just before the market crash - was able to hold onto the property for about 8 years then we ended up selling it and getting out of the market.

I run a small software business that's been doing pretty well the last couple of years and I'm thinking about how to invest the profits.

Struggling a little bit with deciding between re-investing in the business vs. diversifying with something like rental properties.  

Thanks!