I am a licensed realtor here in Los Angeles, don't want to deal with the exodus of insurance companies and difficulty getting insurance and keeping it after a claim, tenant landlord laws being heavily in favor of tennants, exorbitant property taxes and minimal RTP among a few other factors with these being the most inspiration to take my money out of california.  

My focus lies on purchasing a multifamily unit in Los Angeles County.

I live in San Francisco and plan on purchasing it in Los Angeles. 

Los Angeles, CAPros:1.

Does this mean that the numbers won't really mesh with the Los Angeles market?

.- I could easily put down a cash down payment and given my wages in Los Angeles, if need be, pay the mortgage when it is not being rented.- What are the potential problems other than not being there in person 24/7?

Los Angeles City here~Our 3 bedroom 2 bath, fully gated, pet friendly, flexible lease term, located in Sherman Oaks 91403 near Galleria is coming to market for rent in July 1st.

I don't know if this is common in most politically blue states, but I heard a lawyer from Los Angeles once say this (from his experience with SoCal judges): the failure of a tenant to procure renter's insurance will not alone constitute sufficient grounds for eviction under a lease agreement.

Considering an inherited property in Los Angeles that could be rented for $6,000-7,000 monthly, and with monthly trips to Phoenix amid a child custody battle, I'm interested in understanding the current state of the Phoenix house hacking market.If you have insights, experiences, or trends to share regarding house hacking in Phoenix, I would greatly appreciate your input.

I recently joined BP to network and expand my knowledge and experience in MF RE investing.  Looking to acquire (initially) small, 2-4 properties outside of CA; focus on low-tax, high growth markets (e.g. TX, TN, FL, e...