Section 8 rent comparable for a 2br/1ba in LA is just under $2,200/month.Of course, it's debatable whether or not this can be considered passive....but I'm able to easily manage this while working a demanding W-2 job.I also agree with Nicholas U's suggestion to exchange up to multi-units.

Ray Lai not sure OP situation but if you have zero saved up I'd say it's probably not a good idea to buy property yet .

LA is a complicated City and there isn't much more you can do that wouldn't get you in trouble.

Every location in LA is different because they are different inspectors.

See my podcast episode 373 where I lived in a high priced CA market and invested in KC then started investing locally in LA. I

Doris,While i'm in Baton Rouge, LA, I caution you to find someone who is very very familiar with this type of loan.

LA is super competitive and pricey, but there are plenty of people making money there.You need to make a plan and work it, but I dont agree with the people here, if you've got 5+ paid for houses and they aren't kicking of enough to live on in a decent city, I'd dump them and use that money to do a flip or two, then start accumulating some rentals in a better area if that's the path you wan to take. 

How is the wholesaling and property market in and around LA? Is

My neighborhood in LA is constantly fixing and flipping, building, etc.

Further, I know that 'investing' in LA is not the best use of my money.