I would recommend trying all of it out of you are new and then zeroing in on 3-4 that you really like and start to get good at in your market.

For calculating ARV, platforms like Zestimate, PropStream, and Reonomy use machine learning to analyze market data and comparables.

Best if the people you work with are in your area and know your market. 

Many of these lenders allowing 2nds behind them are more expensive capital (10's - 13's in our current market [high rates - but now showing signs of coming down]).

Quote from @Tricia O'Brien: I'm curious why you would specifically look for a "Mom and Pop" manager?

Specifically what is the address or at least what block is it on? 

But I've yet to see anyone do that in today's market especially in California.

Good question - when Bigger Pockets leads reach out to us via out of state, we first define your specific goal with the BRRRR and talk through specific cities/areas that could lend itself to accomplishing that goal.

Out-of-state investing in cash-flow markets or partnering with experienced investors for passive returns are also great ways to put your capital to work.

I am trying to figure out what to do with this property and would love to hear your thoughts or ideas around this.The rent is below market but the apartments arent updated.Options:-We could keep the property and make the repairs, but would be at a loss for a couple years until rent covers expenses.