Next, I tend to recommend that clients stay away from inflated HOA fees.

I have a client that lives in Hawaii but owns a property in DC area.

We can only hope future clients get their expected return.

Management would be self-managed, as in this example it would be a client's first rental buy and hold.

Tenants don't like to be bugged so I always try to be as nice as I can when I help a client sell with a tenant. 

CA is an expensive market and regarding tenant laws in my eyes more complicated/difficult as a rookie landlord.

Market might be competitive but there is angles to stand out depending on what you are comfortable and able to handle, such as waiving an appraisal contingency, limitng inspection rights and time frames, closing time frames, allowing seller to stay-post closing, taking on difficult tenants, buying properties that might need repairs, etc.

I've consistently written about the forces of nature and her current and future effects on the real estate market (even while often being ridiculed and politicized on this very site for it) regardless: I personally moved and invested in coastal Oregon in 2018 from Venice Beach Los Angeles partly as a result of the trajectory of climate and have assisted several clients that specifically purchased on the Oregon Coast for their own 'climate havens,' investment and future retirement homes. 

I lived in LA for a decade and we have many friends, family, clients and community members suffering and send our sincerest condolences to all of those experiencing and affected this tragedy. 

Quote from @Gregory Schwartz: A local agent recently got sued for calling an old client who was on the Do Not Call list.