Why do it when that market is showing great signs of stress right now (especially at the upper end of rents)?

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Hi All, I'm looking for fixer-upper / rehab commercial properties (5 Units and above) anywhere in the US.

Some are just nice mid-range apartments and some are upper end.

If your current income is low, just be extra careful when evaluating the repairs needed on fixer-uppers and you should be fine.  

Need to get some bids on a fixer upper.

This is why an experienced bidder or sherpa we'll always have the upper hand on bidders who act desperately.

Also, for right now I'm probably going to avoid value-add/fixer-uppers because of LA's rent stabilization rules.

I am a newbie to I have found that buyers is not the issue, I am having an issue finding properties every time I think I have a lead and do leg work on it only to find out its already under contract by another wholesaler.

You've received some great advice on this post from fellow BP members but ultimately, nobody knows whats best for you, your family, and your future business plans better than you.With your income, available liquid, interest rates as low as they are now, and location, I think looking into a 203K loan for a fixer upper home is an option that may interest you.