I am considering a STR in Hammond, LA.  I

I see many deals are positive cash flow (I guess the same in the other metropolitan areas such as NY, Miami, LA). I

. - LA is a cyclical market (as opposed to being a linear or hybrid market). 

I am getting conflicting information online about whether or not it is legal to do AirBNB in LA county, so I thought I would ask you guys. We have recently purchased a fourplex, where two of the units have long term r...

SFR in LA is $350-$500 generally.

If LA, I can definitely help you with connecting to the right people/resources and sourcing properties.

Given this what are you thoughts on 1: Getting a great agent( currently talking to a few, but if you are one or know one feel free to message me) finding off market slightly distressed multi-family up to a 4plex.2: Taking a FHA 203k loan so I can take advantage of rates and low down payment since you all know RE in LA is ridiculous(creative mortgage brokers feel free to message me as well) and yes it would be my primary residence and I would be occupying one unit3: Rehab and rent the other units and STR my unit for the part of the month I’m on the east coast adding to cash flowSo all that being said and understanding that I do know LA is a tenant friendly city and not the best for landlords, and that my intention is to actually do most of my investing back east1: Do I have to wait a year to cash out refi out of the original FHA?

Hi @Yong Lai and @Jason Thompson, Welcome to Nova Scotia!

Hi @Arthur Pogosian RozinI am househacking in Houston, and while it's not a crazy hot market like LA, I think it's a great way to get started with real estate investing.

@Kendall Kelly Some suggestionsMultifamilymasters (. com) has some great meetups, many are still virtual in LA. I