But I can tell you I had a complete replumb of a 3/2, 2,000 sq ft house that included all new copper and all new drain lines and that only came in at 6,500 for labor and material.So either you have the best plumber on the planet or something is off with that bid.50k???

And apologies if my last post seemed harsh, I just wanted to try to keep you from avoiding the traps I see other noobs make in only hearing what they want to hear and thinking that the grass is somehow greener on the other side of the fence because they live in an expensive market ... it is plenty green here, it is just a different shade of green.

Los Angeles has great potential but lack of capital and a growing resentment towards the congestion is motivating us to initially seek out greener, and cheaper pastures. 

The grass is always greener somewhere else I guess. 

In 2006 we were noticing a slight slowdown, then every loan officer in the planet started pushing the Negative Amortization loan where they were quoting 1% as the true rate, when in actuality when the client paid the 1% they were really paying 7% or even 9%.

This forum is the best source of real REI info on the planet.

In fact, more than half of the people on Planet Earth now reside in cities – a first in the history of humanity.

I'd only add one thing (unless I missed it).Owner or Seller Financing: This is the best financing on the planet... and you greatly increase your chances of getting it if the property has not been sold in 10, 20, 30, 40 or more years.  

This is the best RE site/community on the planet.  

Unfortunately you can read all the books on the planet Earth and it will not be your best teacher.