Yes, I've been scanning the MLS for a little while now and have come across maybe a few borderline deals after running some numbers (while trying to stay liberal on the expenses, conservative on the income - which I'm hoping to tighten up after some experience).

Look man The only crazy jackpot you should be worried about hitting is collecting that rent every month !

If I was in a very liberal, less-than-business-friendly state like NY, IL or CA, I would sell.

In your area being liberal you probably have crazy hoops to jump through to get financing on ur and insurance headaches that will inspect everything with a fine tooth comb

So I quickly learned to ask more questions and make more liberal budgets to avoid the surprise on houses I didn't see up front.2- OMG this would be cool!!

The land has very good/liberal zoning that will allow for a variety of uses.

DC is very liberal and I would expect them to be.

20%-30% over our already very liberal valuation!  

GSFA also has more liberal income limits. 

@Kenneth Kim if you want to be a successful investor you need to learn the law, particularly in a liberal, litigious state like California.My best recommendation is that you buy the book, "Every Landlord's Legal Guide (California edition)" by Nolo.