Newbie in Los Angeles looking for 4-10 unit investment

[Aaron Godfred]

Hi BP friends!

I'm excited to join this real estate investing community. I've wanted to invest in an income property for over 15 years and have decided that 2017 is my year. I've got a demanding full-time job at a startup and am burning the midnight oil listening to BP podcasts, scouring Redfin and Zillow and talking to anyone who knows anything about the Los Angeles market. Since I'm making up for lost time I'm targeting a 4-10 unit for my first investment and have a few partners on board to invest. 

I'm looking in a variety of neighborhoods in the greater LA area including Culver City, West Adams, Midtown, Van Nuys, North Hollywood and Glendale but the challenge is making the numbers work in this white-hot market. I'm also considering something out of town or out of state but ideally I'd invest locally for my first property. Any LA investors out there with some words of encouragement for someone just starting out?

I look forward to connecting,

Aaron