I work with numerous out of state investors that want to purchase here in Cincinnati and expand their portfolio.

There have been numerous people on BP talking about how they paid application fees but they could never get their loans closed on any deal brought to the company.

Also, there will be permanent migration to northern coastal California, Oregon, Washington, Vegas, Texas, Tennessee, Florida, NY and anywhere else families can find a permanent refuge from the trauma as the recover, rebuild or restart. 

I looked at numerous live-in flip opportunities.

While these expenses don’t provide an immediate tax benefit, they increase your property’s depreciable basis, allowing you to recover them gradually through depreciation deductions once the property is operational.

If you miss on fence, landscaping, etc, these are small and you can recover. 

I've seen numerous QI's fail during my 40 years in the business, and most of the failures would have been prevented had their been government oversight. 

Limited labor and resources : Unlike the catastrophic fires in Lahaina Hawaii there are significant resources in Los Angeles to contribute to recover, but quality contractors, tradesman, plumbers, electricians and laborers have long been in short supply.

Major issues are lack of parking, lack of elevators, leading to numerous unlived in units.  

You've got to remember the home has already been through numerous inspections prior to delivery, so the time it takes to finish is minimal.