I'd steer clear of this type of area until you're more experienced unless you have some other particular advantage that would help you overcome the additional risk.Some of the inner ring suburbs (including Lakewood) are popular on both the east and west side areas, though you'll have increased regulation from the suburban municipality government and increased property tax burdens to deal with.Since you're local, I'd deploy capital in an area you are (or get to be) familiar with first hand, and use that list I provided as a starting point for areas to familiarize yourself with.

Hi guys, I'm on the verge of deploying my marketing plan.

This time I will have tons of capital ready to deploy.

Along my journey friends, family and others have joined me and I've had the privilege of deploying over $20MM primarily as LP equity diversified across 8,000 apartment units.

I suppose if you have the funds available you can buy all cash to get a better deal perhaps, but you should then consider doing a cash-out refi so that you can re-deploy that money to another property and reduce your risk of a lawsuit.

@Brad Lighthall had solid advice on considering a refi so you free up cash to deploy and still keep your LA property for future appreciation. 

I'm guessing a turnkey company would not want to hold a ton of rentals deploying all their capital when they can get other peoples' money to scale their business and create multiple income streams such as PM (no matter how small it is) and fees. 

Just keep this in mind when investing, when a deployment happens vacancy increases. 

I’m currently a Company Commander of a combat engineer company and have been away from my family training for 3 months will an immediate follow on deployment to Kuwait for the last 8 months.

Gary,The opportunity zones were made deploy your money from the sale of a 1031, and can defer up to 15% over 8 years.