LA has not surpassed the prior peak and rents in most areas have not grown that much from 10 years ago.The inland markets where a small amount of cash flow is possible are still susceptible to crashing in value.. 

Any additional should built for more acquisitions, reinvestment, or spend it as you please if you have already surpassed for FI numbers.For example, if you are starting out and want to aggressively grow, after factoring all basic REI fundamentals, it may be advantageous to choose IO for higher cash flow.

The negative connotation is too great a hurdle to surpass. 

Some of the time they actually hit those goals and surpass them and other times while not hitting the goal they go much further than if they set a self-limiting safe goal on themselves.      

The fact that professional lawmakers didn't consider limiting rent increases as you approached or surpassed your markets average is in the best case gross incompetence.My disdain for legislative solutions is one of the few things that crosses party lines and obviously because money and power corrupts, legislation is the most necessary evil (Ironically).

The US saw wage growth of 5.34% from last year which far surpassed our inflation rate of 1.6%.

They got in at the bottom and his equity has surpassed mine!  

Thirty years in the rat race and in a few years if I play this right, I could surpass all W2 earnings with cash flowing rental real estate.

IN GENERAL.If that is, in fact, something you are okay with, why not invest in your own back yard where your potential for appreciation will likely surpass that of the mediocre appreciation of the inland areas with turnkey sellers?

There are leaders out there if you would look for them and they have led astounding American innovation in the past 20 years that far surpasses innovation of the previous 100 years.