California is tough because it's expensive and tenant friendly but the right areas can make some killer appreciation.

Finding a property with the appropriate layout is challenging and expensive.

While I do take into consideration all the relevant expenses when I vet a property I still like to see at least $200/door cash flow so I can more easily build up my reserves and have some money to work with.  

Those agents have their ego at the expense of the relationship, and there are such agents actively participating in this thread.

In my experience, the good ones are expensive, typically require a subscription, and sometimes they even do a physical inspection of your premises to verify it is a legitimate person / business in US.

New PM's get their experience at the owner's expense and it takes at least 4 years to really get a handle on this business.

. $69k for a 3 unit with gross rents of $2k a month and total expenses of $800 a month which included management and capX.

I knew before I went that if we decided to invest in the “Inner Circle” it would be expensive, but would give us access to 100% funding within 72 hours, or so they said.

More expensive in an LLC though.

We normally do not seek judgement due to the expense that is involved, even after you win you have to continue to renew the judgement every year.We put them in collections and have it hit all three credit bureaus.