Long-term I'd hope to grow a buy-and-hold portfolio, but I'm very focused on this first purchase for right now.Since I work downtown, don't own a car (and don't want to), and spend most of my time in Central LA, I'm looking really closely at areas around downtown: lower-cost areas with decently affordable 2-4 unit buildings (in the $400,000 to $800,000 range) like Pico-Union, areas around USC, and even up around Hollywood/Koreatown when the rare good deal shows up there.I've been looking around on Redfin a bunch, but have seen little to nothing that satisfies Josh and Brandon's "Two Percent Rule" (or even 1% rule).

@Percy N.

They can be found at 201 N Figueroa St, Los Angeles, CA 90012. 

Hey BP community, I'm a fix-n-flip  investor in training who's studying the business and analyzing deals before pulling the trigger on my first solo flip.

Northside or N KY may have options for you too.

I got burned on a fix n flip in Seattle years ago and that scared me away.

Hi - I own 5 single families and am looking to expand my portfolio into multi-families.  Would love to connect with some folks in the Northern Kentucky, Greater Cincinnati area.  

This area is pretty rough, but if you go N of Winchester and East of Clarke within 38115 and into 38141, then you get back into B class.

Historically San Diego has out performed virtually every other US market for RE ROI for buy n hold investors.  

@Rachel N., you're buying a rental for less than $50k?