If you haven't have a job since Jan-why are you moving to LA?  I

@Faiz Khan @Sendhil KrishnanI see you are in California, so maybe you can clarify a few things for me, if you would:I own a large single family residential property in LA . I

That's what they specialize in.Is this in LA? I

Most of the properties I have seen have CAPs around 3-5% tops in LA. I

One of the most affordable markets on the West Coast and strong influx in population from San Francisco and LA. I

No property management company in LA is going to help you rent by the room.

@Daniel KimBuy and hold in Columbus, OH - much higher rent to price ratio than LA I invest in Columbus RE, huge growth to come from recent additions to the tech sector (google, intel, amazon, honda, and many start ups).

People get paid way less than in other markets.Don't compare that a 3/2 middle class area rents for 1600 in SA and the same in LA is 3000.

LA is not where you want to do STR for these various reasons.You could look just outside LA County like Ventura County.

Thanks Ray Lai for the advise, I will use this and get in touch with you if I get Stuck or need help.