I had a similar situation happen to me at my Los Angeles four-plex. 

But as an experienced agent and investor (I own several properties across Los Angeles, Orange, Riverside and Kern Counties), I can tell you that no state beats California for appreciation and rental prices.

I live in Los Angeles County and there are a lot of laws protecting the renters.

I have an option to purchase a plot of land in Los Angeles at an attractive price but I do not have the funds to exercise it.

Cash flow and appreciation are the main key factors here.As someone who lives in Los Angeles and invest in the mid west I clearly see the differences between a low cash flow (inexpensive) rental and more costly rental that generates thousands of dollars and month in cashflow.

I’m a new investor who lives in Los Angeles.

Also, just for everyone to know, this is in Los Angeles County, along with all the properties I currently own.

. $5M in Charleston is different than Los Angeles.

I have been looking into tax deed real estate particularly in California; I live in Los Angeles.What has been people's experience with dealing with the dwellers/owners/renters of these tax deed properties?

Check out the listing input forms for a residential property for two different MLSs: Los Angeles and San Diego (in case you want to see how different the forms can be).