And I upgrade to a decent level because apartment grade is crap, at least the beautiful SS ones in my “luxury” apartment were.

Buying MLS crap for $80,000 and than needing to put in another $5,000 - $10,000 to make it rent ready.Gotta be something in the water on the West Coast lol

And are they production builders that to provide the product at the cost they do use basically the least expensive materials possible and beat the crap out the subs pricing.so there is a fine line there you cant pay low price and expect supreme product..

The crap lots they can't sell, they'll put online. 

Everyone likes to crap all over California real estate and laws, but CA real estate has created more millionaires out of everyday people than anything that I can think of.

Unfortunately, sometimes you have to navigate through the crap to get there.

Something in every house breaks in the first three months that costs $5,000 so if you are making $150/month, you just crapped your cash flow for multiple years.

Be ready to hunker down, more crap coming.Sorry for the blunt message, but I tell it like i see it and as a  69yr old, ol'fart no sense in trying to tell something to someone that just might hurt them more in the long run.  

And on the other side you have folks who have done the math and understand the time value of money and have quickly realized that your money is better allocated into an actual real estate investment and purchasing a much cheaper term policy on the side.WL policies are absolute crap for RE investors who have much better avenues in which to invest their money. 

But in my past life as a high-stakes language exam tutor, I walked into a lot of households with very nice art on the walls where the kid being raised was thoroughly worthless, a complete waste of skin.