1st position available everywhere . 2nd position will be tough to find favorable terms 

The "big" firms like AA may get a lot of hype but they generally can't compete on the next level tax strategies (Family office type strategies) nor customer service as their employee turnover is quite high.  

Also Solo 401k could be a better option for you if you're self employed with no FT W2 employees.   

One tip is that is a very tough state for flipping/investing too because of tough laws against lenders if needing to foreclose, just something to watch out for

Discussing these points can help you make a sound decision.I agree wit @Noah Corwick that permitting and construction cost make this a tough option.  

You’re absolutely right—LA is a tough but opportunity-rich market, and I’m putting in the groundwork to make the most of it.While I’m starting local in LA, my focus is expanding across California, Nevada, Arizona, Oregon, and Washington.

It was a tough moment, but it pushed me to focus on preparation and delivering my message with confidence. 

Focused marketing and targeting high-demand locations will be crucial for success.Commercial Properties: The commercial sector is returning, driven by renewed interest in malls and efforts to bring employees back to office spaces.

Facepalm: the act of literally hitting yourself in the face with your palm out of frustration1 property is doing ok.1 property had a suncoast employee rent it and stopped paying after 1 month.

While there are definitely benefits to running a fund, it's tough to achieve success with funds as a beginner because oftentimes investors are attracted to the track record of the person or team running the fund.