New member from Los Angeles

[Alejandro Upegui]

Hi everybody, new to REI and I'm looking to learn as much as possible. I'm from Los Angeles, originally from Florida, and work in the TV business. My wife and I welcomed our 1st child last year and I'm motived to create some passive income allowing me to work a little less in my main profession.

I'm pretty good at doing my homework and working with numbers.  Currently, my plan is to find a turnkey out of state to get my toes wet.  Eventually I see myself  securing deals myself and BRRRRing(can that be used as a verb?)

Current Status: I've talked to a few turnkey companies.  Still undecided on market.  I have a few Im considering and figure once a right deal comes around that will likely force the hand.  Thanks to all the BP contributors.  I've learned a lot just reading through comments the last few months.  

[Kiersten Vance]

Hello @Alejandro Upegui. Great it sounds like you have thought through all of the concerned I mentioned! It definitely helps to talk it out with various people to get their perspective and make sure you have researched and thought through it as much as possible before you jump in! I definitely agree with @Matt R. as well. There are areas around So Cal that you could drive to where you might get similar profits. Make sure you look around locally as well. Best of luck in your endeavors. If you do end up buying out of state and find a good Turn-Key provider, come back to this post and let us all know where you decided to invest!