Avoid common pitfalls like underestimating costs or tenant management challenges by planning conservatively and staying proactive.

This is a common problem for other places besides California.Most of my clients are out-of-state investors-California being one of the most common places for investors I work with.I would say, in general, it is very similar to in-state investing in that your investment is as good as the team you use.

Please note that contrary to common belief a lender can NOT prohibit a transfer, they could only declare such transfer a item that allows them to accelerate the note.Up until now, very few notes have been “called” due when title has transferred.  

I don't see the value there....paying a plumber to come re-iterate common sense. 

On a more common event list, would be hail, flooding and wind damage (trees esp.). 

@Craig Oram this is a common issue.

You may want to live in a world of Wild West, anything goes business (I won't mention the orange haired political elephant in the room) but I assure you, your ignorant, uninformed, and weak defense of this sort of activity is not common.

A common bit of advice seen on this site is, "Don't spend $20K on a mentoring program when you could spend that money on your first deal and you'll learn much more."

Hello, we have a. apartment complex in LA County and want to install security cameras in the common areas.

More common is you move into bigger, more expensive homes that you buy, or perhaps downsize into a home without a mortgage.