Yesterday Senate blocked further action on The Tax Relief for American Families and Workers Act of 2024, H.R. 7024, which includes the extension of 100% bonus depreciation. 

Google some articles but a tough road ahead.

These are all one bedroom units and the mostly young tenants keep them nice and don't whine about petty stuff (i.e. the lawn guys blew grass on my car), and don't have a bunch of drama.It would be tough to know the properties and tenants well enough to manage this kind of asset from afar, I think.

I just spent a few weeks shopping for insurance policies on a Houston metro rental - it's really tough right now. 

At least where I am located you don't need a GC license to get insurance and all subs would be licensed and have workers comp (requirement for permitting). 

It's tough.

not to be discouraging, but just to help set expectations: the market is really, really tough for cash flow right now. 

.- Almost impossible to get any kind of unit damage paid for beyond what you have in a security deposit The rest of your statements about the homes needing a ton of work, contractors costing the same, and dealing with properties that are very tough to force appreciate are spot on.I personally do not invest in Section 8 housing anymore because they are normally cash flow purchases.  

If you have relatively little cash, it's tough to beat putting 5% down or less.

Yeah, LA is real, real tough to invest in for lots of reasons.