Ray Lai thanks for the info.

@Danny LaI would reach out to Marcus and Millichap's 75 units and under group.  

@Ray Lai Thanks.

I found that deals that include good amount of equity and positive cash flow in a desirable area of LA is nearly impossible to find (unless I have a massive down payment).

@Ray Lai  hard money lenders can be found on Google.. no need to go to REIA's I as a HML never went to a reia meeting... paying for education can work.. really depends.. although I personally am not one to encourage folks to put this type of thing on a CC.. and in fact I don't think any one who has not saved up CASH should even be considering anything in real estate short of getting a license and earning commissions to get started.. failure rate whether yo pay for training or learn here is very high if you have no liquidity.. real estate requires a certain amount of liquidity.. or creating strategic partnerships were your partners bring in liquidity.. if you think your going to find some HML to lend you money and you have no money.. then your operating under an illusion.

If you think that LA is unreachable, you will absolutely prove yourself right. 

I prefer investing in non rent controlled areas ... much of LA is rent controlled, so you need to research what is and is not rent controlled and if you do buy in rent controlled areas you will need to become very familiar with those laws and legal strategies for succeeding in those areas. 

@Loren Becker@Rick Pozos @Ray Lai Thanks for the input guys!

Granted, my LA realtor hasn't set me upon the MLS yet so I'm sort of wading through Redfin, etc. but still, just doing analysis you'd think I could find something that would work.Maybe LA is just not in the cards for me?

@Ray Lai this is great!