Obviously that starts down a whole different conversation about preferred investing strategies which all have their merits.My only point here is that I don't think investing in other markets means you're going to miss out on the opportunity to ever buy in Los Angeles.

If you ever want to come out and network with other local investors, let me know.Best of luck!

I do think that new investors should spend a lot more time doing research on their own with books, internet education, and Bigger Pockets before ever considering any high level coaching programs. 

@Geremy Rosenberg one of the best rules I was ever taught - "An investor makes their money when they buy".Negotiate hard on reducing the sales price because even if you get bids from contractors, there are ALWAYS surprises that drive up the rehab costs.

Did you ever figure this out?

If you ever need any help or advice, I'm happy to help.

If you ever have clients or come across investment opportunities where a hard money loan could help close the deal, feel free to reach out.

If you don't say it, they won't ever know.

Both areas have went up way more than I ever imagined.  

I believe the fire was started by a squatter.This requirement, as ridiculous as it sounds, was in the master commercial policy, a copy of which had never once been provided nor had this requirement ever been stipulated by the agency.