Anyone trying to get started with a market like Los Angeles as their backyard will spin their wheels for years when they could be making an out-of-state investment work. 

@Kobe CarrIt's one of the largest markets in the US, and if it's your backyard, then I would defintely start thereGino

Modern builds and thoughtful rehabs sell quickly.Key ROI Factors:Strong rental market for investors who want to flip and hold.First-time homebuyers are flocking here for affordable entry-level homes with character.Pro Tip: Target small, outdated homes on larger lots to capitalize on backyard improvements or expansions.3.

Maybe they own the house behind it and want to put up a garage or driveway access to their backyard.   

This campus hosts a large Magnolia home goods store, high end furniture store, cupcake bakery, coffee shop, gardening shop, live music concert venue, large grass area with toys and balls for kids to play with, an open plaza with eight food trucks, a small baseball field (that Babe Ruth once played on and families can now play on for fun), a restored historic chapel (the oldest chapel in Central Texas), and six boutique shops with men, women, and children's products.

Check the roof, check the back yard. 

Shallow vertical oil wells can have pretty small pads, while some deep horizontal wells with multiple holes can have some probably 10 acres.Minerals are superior to the land, so while not all that common, so someone who just holds the land, but does not have a good surface rights agreement could find a drilling rig in their backyard. 

It can still work, but focusing in and around your backyard is smarter as long as you don't rush to make a net negative deal which you aren't doing.If you are nearby, I would skip property management for a single-family home.

Your listing will not come up with these searches.You mention a large fenced in backyard and not a single picture of it!

Is the walkout directly to the backyard or up out of a Bilco door?