I understand your situation—investing in LA at today’s prices makes it tough to find solid returns.

Even then, it's tough because that property is out there for the world to see. 

These will catch a buyer’s eye in any market, and it's no extra material cost to do so!

Typically will be rent by rent strategy (which is tough for none owner occupants) or College rental.   

It was a tough decision, especially since I had no experience managing commercial properties and knew no one in Ohio.Despite the uncertainties, my wife and I decided to make the leap to escape the hustle and bustle of the Bay Area.

(which got us thinking MFH more)1) rent-to-priceThis seems pretty tough in DFW and HOU.

With labor and material, and not counting the identification and obtaining the addresses of owners and matched to properties, I guess about $2.00 per letter. 

Type Line Item Fee Fixed Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $600 Variable Fees Business Hour Service Calls $90/hour + Materials Cost + Tax After Hour Service Calls $120/hour + Materials Cost + Tax 3rd Party Coordination HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Negotiated Vendor Cost + 10% Oversight Fee  

we ran into this in FLA  a few years back when I had 4 starts and I exited that market.. permits  sub base all pretty tough for someone who is not there and already knows the systems hands down and has a devoted loyal sub base.. thats the key in my mind.

It's a tough road though, not at all passive.