Try to look for deals, play the long game, but if the number's don't add up don't feel compelled to do anything now because you'll just feel maximum pain a year out after purchasing. 

All you have to do is make a compelling point for them, and having a broken property that they don't want to fix can be a reasonable one.Anyway, allow me to give you a couple of points to think about.Downtown LA has been suffering because of the working-from-home shift and the effects of the homeless.

So now you have a hard core Landlord, and a PM who prefer to move on and will see little value in exhausting all legal recourse in pursuing the back rent.  

Following David Green’s Core 4 strategy (realtor, contractor, property manager, and lender) makes investing anywhere feel solid.

There must be a ton of capital on the sidelines, and investors are putting down more on deals for them to work.Factor in tax benefits, hedge on inflation, rents still cheaper than buying, and the investment is still compelling to some.There are deals out there, you just have to create relationships with brokers, and play the long game.

I do believe that it is different for everyone depending on their goals, needs and the quality of the services provided.Do you have any other insights on what you do for your clients or if there is a part of your core service that you think is most valuable in your offering? 

We are currently negotiating a deal with a property owner while building relationships with engineers, builders, town managers, and others who (like @Steve B. says) we would have never thought reasonable to call without the education we are getting from VestRight. its just an advanced version of the very simple concept on BP of creating your core 4.. of course with developement its more like your core 12 :)  good luck all in the development world.. this can be done.. but its not something that will fall in your lap its not like talking someone into selling their beat up rental :)   

When investing OOS you need to know what you're trying to achieve through real estate and you need to source and develop a top tier core-4 team.

That is unless someone can come up with a truly compelling reason why I shouldn't.

I moved from Florida to start investing in Columbus because of the same reason.https://www.zillow.com/learn/hottest-housing-markets-2024/Make sure you learn about the core-4 and developing your team.