I'd love to connect and hear more about your investment goals and criteria.

In addition, you would need enough working capital to pay for insurance (which will be going up a LOT in Los Angeles) and to pay for property taxes.Don't buy this unless you have substantial resources and a cash cushion to keep yourself safe.

This allows us to close extremely quickly, which is an important competitive advantage.I don’t know how to read our own tax returns, and I’m certainly not going to read yours.

That’s a lot to ask for guests that are only going to be there a short time.

We're looking to get a construction loan to do 3 more, simultaneously.

I invest out of state because at the time, I could not find anything that would meaningfully cashflow, plus a $150k deal was a LOT less scary than a $800k deal!

I generally work with home owners looking for long term management, but I do work with a local broker with access to off-market deals, and he sees a lot of activity in the area.

There's a lot more competition than previous years, and prices are high.

I have listened to Dave Van Horn's podcasts and read his blogs on Bigger Pockets.  

@Raul Velazquez The 3 things I would recommend besides reading books/audio/sites are:1.