I’d recommend starting with rental arbitrage to get your feet wet and generate some positive cash flow.While I haven’t personally done rental arbitrage, some of my employees have, and they found it to be profitable.However, as a long-term strategy, you’re essentially building your castle on someone else’s land.

I would recommend reaching out to a few local lenders in your area.

I wouldn't focus singularly on individual city initiatives/projects and would recommend focusing more on fundamentals.

I'd be happy to provide so that you can make a more informed decision.I highly recommend @Maranda Tucker.

@Ajay Bodas I have heard the same recommendation from my 1031 Intermediary and tax guy, but they both also said, "It Depends"... following this post to see what some other smart members know!

Hey Barbara, I have a property manager I can recommend for the LAIC service.

Do you recommend it?

If you're open to expanding your search, I also recommend checking Columbus OH - lots of deals that still bring positive cash flow and great appreciation potential.

Which would you recommend?

Even if they offer a 721 on any property, I would recommend looking elsewhere.