Be prudent and cautious, but take calculated risks.REI meetups are a great place to meet like minded people and connect.

Sent you a request–– here to help, discuss the market, etc. any time. 

They'll request proof of income, proof of residency, and non-payment notice. 

for folks in So cal  I think Vegas is a great choice   1. you can drive there   keep in mind flying to other parts of the country to check on property is going to eat up 1 months rent if you go annually.2.

Every little thing in the project should be in writing, even down to the door stops :-) See my tile spec sheet below ...Two problems with your post though - 1) In my experience, most problems come from the customer changing their minds constantly.

When I think of Blythe, CA travel centers, gas stations and fast food chains come to mind. 

For each property listed through a Section 8 website, over 100 requests for application are received within the first couple of hours.

There are a bunch of different figures associated with this decision, such as new interest rate, old interest rate, cash flow of new property etc, but I'm having a hard time getting my mind around how to analyze the decision mathematically.  

We have a lot of investors that are way more flexible.Would you mind sharing your better options?

I recorded a virtual tour on my cell phone because I was getting tour requests I couldn't fulfill, but no one has asked to see the property since I made the recording.