He happens to be in Orange County and could probably talk you through your options.

Also, attend local REI meetups so you can find partners who may be willing to do the leg work.

For most out of state investors Vegas isn't the answer it is similar to the inland empire but more isolated from the job centers in LA and Orange County (ie if you live in Vegas you work in Vegas)  I encourage you to look at both and possibly other markets, but if you are counting on appreciation and are planning to hold for a long time Prop 13 in CA is a nice thing to have.

It's easy to find good contractors, but they will charge you an arm and a leg.

Have experience as far north as Palmdale and down to Orange County.

Ulster county and Orange county NY have some good areas where properties cash flow nicely.I also see no issue with investing with cash as long as you "buy right".

You do need an attorney, just not a securities attorney who will charge an arm and a leg.

Look at it this way, it will just give you a leg up on building a business you can step away from. :)

It has been a consistent cash flower for the last 5 years w/ no issues.It is on E Grant for those familiar w/ Orlando SODO, between Orange and Delaney Park.As-is, property is worth approx. $300k to the market as a good guess.

It skews it a little bit when you are comparing apples to oranges due to future expected maintenance costs.