In real SoCal (everything LA County and South of that), you probably wont find a cash cow. 

I use the daily-digest emails to stay current on neighborhood-related concerns, including crime and safety.

You become a cash cow for further "enforcement".

That was an 80s movie that almost started WWIII because Mathew Broderick hacked the Pentagon on his computer with a dial up modem.House hack, credit hack, life hack are terms still hard for us Xers to digest.

well pre 08 if the average buy and hold investor would have saved and kept adequate reserves I would not have ended up foreclosing on over 200 landlords and owning their cash flow cows..

Here are my "readers digest version" numbers and explanation:Property: 3/1.5 SFHPurchase Price: $59kReno budget: $20k (went over a little so will actually end up around $22k)appraisal: $105k as isARV: $125k (estimate per appraiser based on repairs/ reno list provided)Current Mortgage: $431/ month (20% down on purchase price, 100% finance of repairs 20 year am. with 5 year balloon at 5.25% commercial loan)Rent estimate: $1050/ monthThe commercial lender should let me cash out up to 80% of the after repair appraisal as long as my DSR is above 1.2.   

When he was two, we could not pass a for sale sign on a lawn without him campaigning to go "walk the property".At three we gave him a piggy-bank ... or, rather, a cow-bank called "Moolah the Money Savvy Cow" {NFI} which has four compartments: Save, Spend, Donate, & Invest and started teaching him about  these different ways he can use his money.  

Very digestible for me.

Seriously, these tenants have got to get their sh*t together... holy cow.

I have spent the last 4 months digesting every real estate book I could get my hands on, listening to Bigger Pockets podcasts, and reaching out to friends in the business.