But from what I've seen southern CA is a monster to try to invest in due to the competition.  

@Jered Sturm   yes that bank Facility for HML was epic... while it lasted.I have one bank that will still do it most of the other banks all got out of it 08 to 09.some of the bigger players I am sure have monsters lines though and that's how they do businessor you raise it through broker dealers..

See Will Barnards monster thread on the occupants from hell.  

My guess is that you will be feeding this monster for a year or so and your $20K of cash flow will be followed by some more of your hard earned money.Don't let the location suck you to a bad deal.

Have you ever tried those fullfilment centers that will write your letters with a robot holding a pen.

I have been on the hunt for a full time Handyman and have come up empty with sources like craigslist, Indeed and monster.  

@Sean Carroll,Realeflow has a factory full of robots which "hand-write" letters and envelopes using ball point pens and even make subtle mistakes to make it look human-written.

spot on   Either go big or go home.... that's PM  and long with I like the quality statements above.. the folks I know that do the best have monster apartment portfolios.. and work with the very well to do clients.. not mom and pop owners who can drive you friggen insance LOL

My personal house was built in 1880, big brick monster. 

@Vivan BhallaHi Vivan, I would recommend one of the 3 headed monster in OH.