@Jay HinrichsPre-reo was owned by AHP servicing (plenty about them on here), this platform was homes that had yet to be foreclosed on (I think they were reverse mortgages) that they would sell and manage for investors.they would also finance it at 12%+ rates.

A little about me: I’m a new real estate investor diving into the world of property management and eager to learn as much as I can.

The Property Management website lists it as "approximate location: Street Name on contract."

I work with my property managers to complete lease renewals in April to August. 

Managing it has been exhausting, especially with the tenant issues and LA’s landlord policies.Here are some details about the property:Purchased for $650k, with about $90k spent on renovations.Current Redfin estimate: $1.1M.Mortgage interest rate: 3%.Would selling it “as-is” during the eviction process make sense financially?

Self managing multiple rbr properties can be very challenging unless you're @Jeff White!

I recommend starting with more turnkey properties since they are generally easier to manage.

if you just buy standard, long term rentals and put them under professional property management, that is certainly viable. 

Hindsight Critique•Continue to build relationships to increase deal flow•Property manager (Mercer Hughes) is critical to completing renovations and quick tenant placement•Continue to build relationships with private lenders and personal investors•Have cash available to make quick competitive offersDid you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Most people buy property and then do nothing to educate themselves on how to properly manage.