Still trying to figure a system for long-distance investment since most of the stuffs in LA is just too expensive and make too less return (or because i have not find good deal yet).

Wanting to take advantage of California's new ADU laws + housing shortage in LA, I bought the property with the intention of building an accessory dwelling unit in the back part of the lot. 

@Dorian Ridgely LA is not a cash flow market, so it's not surprising that you can't find cash flow.

For the past 10 years, developers have been building these similar townhome across city of LA. I

Location: New Orleans, La... I

The problem is I don’t live in LA. I

In LA I find that sellers I buy from directly often want to bring in an agent to represent them.

Having wholesaled 20 deals to flippers in LA last year and probably will do more this year, I would say LA is a great place to flip; but they're likely going to be harder to find than AZ. 

Hi Talha, @Christine Lai mentioned a few good reasons as to why.

Much of 90047 LA is in the county strip and not subject to LA City RSO, though it now has its own rent restrictions.