I too am investigating out of area properties since the market here is pretty hot.

Yes it hasBut the market is hot for homes

How do I get them in hot water with the insurance commission?

Also, what kinds of properties are "hot" on the valley?

I actually heard about the the Dinner with a Mentor meet up through Rod Khleif's podcast. 

You likely need to be in a very hot market to have a sufficient buyer pool at this price point.You do not state the condition of the property. 

The rental market has been super hot here the last two years.  

For instance, i bought a HOT house from a wholesaler and because i knew all the bank needed to do was order the appraisal and analyze the budget of the rehab and then the ARV, I could close in 2-3 weeks.

Hot spots in my town are going to be located closer to the Cultural district lately.  

Taxable value right now is about $2,300,000-Loan:  Full recourse 75% LTV (including 75% of $450,000 rehab budget), 5 yr term, 25 year amortization, 4.5% interest with interest only year 1-Age: 1968-Individual HVAC and Hot water heaters-9 down units have been "down" since 2007!!