Many of these markets are very well represented by sellers & turnkey operators here on BiggerPockets.

In 2023 before I invested any funds, each and every time that I spoke with their representatives, I asked as my FIRST question if Norada Capital Management had ever missed any interest or principal payments, and was always told the same thing by their representatives, that Norada had a perfect payment/reimbursement history.

But I've represented investors there and there are some nicer areas and they are killing it as rentals.Another example is Boyle Heights.

My manager will be representing me there.

Sometimes they still have the garage door and drywalled the inside... meaning that they did not do a foundation on the garage door line : they did not use a deputy inspector, they did not use the appropriate hold downs (metals) for structural integrity, they did not use the right calculations for framing (ie rafters for ceilings ) that are often changed in a garage conversion... did not use proper headers for windows and doors... etc etc I have been faced with these a lot when representing the buyer and I would : 1.

I would recommend that anyone who’s doing a type of transaction for the first time hire an attorney to represent THEM, aside from the closing attorney or title co.  

The Rental Owners Association of Lane County has a membership of over 1,300+ rental owners, representing over 20,000 rental units(from single family to multi-story complexes). 

Your agent represents you.  

Consider it more so like having my own in house representative to be there as needed.

@Chris May,"This statement represents a base level lack of understanding as to what amortization is.