Also, set clear expectations with tenants upfront so they know how to handle issues like maintenance requests.How do you plan on finding all your contractors?

I never liked Airbnb's or VRBO's pricing structure because it seemed more like they set a price that will get you booked so they can get paid, and not necessarily for the profitability of your listing.

Getting pre-approved, networking with local investors and agents, and understanding LA’s market challenges will set you up for success.Good luck!

Cash flow in the triangle takes creativity, just want to set that expectation with you.

Do not bank on setting a new neighborhood record on $ / sqft - be conservative in your numbers.

If your property management company is good and has built an internal maintenance team which has set rates and had strong relationship relationships with licensed contractor which should keep costs in control, you should never need to shop contractors on your own I wouldn't think.So in short, our policy is give us your preferred contractors upfront if you have them, but then we work all tickets to resolution including dispatch, and payment of invoices.This is of course for operational expenses.  

Pretty sure they will have it covered in their PM contract.Their PM contract also probably allows them to set rental prices.

They'll run your credit and b.g, (I always get this upfront because it's best to know this right away so I always ask people what their credit is and if they have anything that will come up on b.g. report.While waiting for the Appraisal we'll get the title docs back, once the appraisal comes back and the as-is and ARV values are solidified the terms of the loan are also set. 

I would like to do some research on other rental properties before I set my priceComputer algorithms are good for studying a general market, maybe even a neighborhood, but they are terrible for evaluating a specific rental.

I would also look at your skill sets and go from there.