Of course have your costs researched first bc the buyer will want to know how much it will cost them to buy.

I have done some research on using OPM as well.I first began learning about Wholesaling and studied a bunch of content over Youtube University where I came across BP. 

It doesn't mean they are a skilled manager.You should do your own research. 

Given these numbers and his research, he believes it may either cash flow slightly or at least break even, which has made it a bit more difficult to find an end buyer. 

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I would start with them.I am not based in LA, so I don't know your exact laws, but I think I can still provide some initial direction for you to find answers, and maybe offer an idea to research.  

I am researching my first deal in town (a foreclosure), and hoping to slowly but surely acquire properties for cash flow and retirement security. 

I appreciate any feedback as I continue to do my research.

Good you are researching this topic - I also love subject tos and have written a book on the topic.  2.