Your units are gorgeous. 

But I also have a 2 mil spec i am doing 20 miles north in Lake Oswego.. it was almost like pulling teeth to get those same subs to drive up and help me with that one..

It really is gorgeous.

But yes, it's a gorgeous area!

The surfing there is out of this world and it's absolutely gorgeous.  

Regulators can be very helpful, if you let them, they will not show their teeth as much if they think you're trying to do the right thing, if they think you are trying to out fox them, watch out!

The only one we ever walked away from one was a gorgeous $350,000 home with a very severe hydrostatically cracked foundation (common in an area up here).

I could also recommend you read brandon turners book, Rich Dad Poor Dad (like abible) gary kellers books, and Benjamin Graham/warren buffet material then apply Value Investing to Real Estate, that's where the real money is made and retained long term not over short bandaid tips you get from aguy with shiney teeth in a seminar.The deals I do,$15-30k is a drop in the bucket when it comes to negotiating.

@Andrew Neal I did not - I started in single family cut my teeth doing that flipping a couple of 100 homes then transitioned to commercial real estate doing multi family, office and retail deals now after about 4 years in residential - why you ask ?

Maybe cut your teeth in the midwest or in a lower-priced desert area like Twentynine Palms (midwest prices) that you can drive to before you invest in LA.