Acquiring property in LA area

[Natalia Keenan]

Hello fellow investors in California,

I need your advise about purchasing real estate property in LA area ( like Westwood, Culver city, Brentwood, Santa Monica).

I am interested in 2 beds 2 baths condo/townhouse/house buy and hold. I have a budget of $350K, ready to do some cosmetic

work. My question is more about specific conditions to do business in California for out of state investors. I am from Virginia.

Also how expensive for you to run rental business considering all California fees, taxes, etc.

Is it realistic to find something with my budget as well? Thank you!