Also open to any networking opportunities, meetup groups, or resources you recommend!

That said, staying on top of losses and basis is important and worth the cost of a CPA.

I'm happy to be a resource for you - let's connect!

Everything ,all areas have doubled, tripled quadrupled or more even parts of EAST Cleveland, over the last 10 years on top of the 20-25% net caps All the best 

In addition, you would need enough working capital to pay for insurance (which will be going up a LOT in Los Angeles) and to pay for property taxes.Don't buy this unless you have substantial resources and a cash cushion to keep yourself safe.

Before making a big decision, consider resources, time, and involvement.

In Philly and the surrounding counties, there are some great resources for financing, experienced contractors, and investor-friendly agents who can help with both acquisitions and resales.

You end up having to sell to someone with higher down payments, better credit, better operating plan, and 100% investors who never want to pay top prices.  

This deal doesn't meet the 2% or 50% rule of thumb, but it has positive cash flow and is in a growing market, according to the latest 2024 Top 100 data from BP. 

Now maybe the top 3% can.