What quality of life (stress) are you willing to trade for more money? 

Ultimately it was the customer service and poor quality of my post cards that caused me to leave.

-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Limited labor and resources : Unlike the catastrophic fires in Lahaina Hawaii there are significant resources in Los Angeles to contribute to recover, but quality contractors, tradesman, plumbers, electricians and laborers have long been in short supply.

If you put down an earnest deposit, you might lose out on that if you decide to back out(potentially). look at the agreement.The more important thing is, do you quality for conventional financing?

I find LG TV's have great picture quality but the interface is kinda funky. 

Crime and drugs still an issue, but getting quality tenants has not been a challenge... so far so good.

It's pretty tough to find a quality carpenter as well.

What you can't do remote is get a sense for the neighborhood and asset quality.

We attract high quality tenants.