If you don't know what I'm talking about there is a much higher probability of getting burned.

Multiple landlords had been burned.

For liability issues I feel like people can injury themselves in a number of ways like take a tumble down the stairs or burn their hand on stovetop so a simple treadmill doesn't seem too dangerous to me? 

It's hard watching them burn both ends of the candle and knowing that they could've gone to "better" schools, but I wouldn't change it as I am so proud of who they are.In the end, they should inherit a lot more than I did. 

But I also agree that there are some things you might want to pay to have someone else do so you don't end up burning yourself out.I've been doing this 9 years now?  

You can't find a good PM and if you self-manage (which is probably the only way to make it work) it will burn you out.I had an old investor on our of our RPA lunch&learns who told us in the Q&A that he has been renting and self-managing a sizeable section 8 portfolio for over 30 years.

Talk with the neighbors and find the house burned down and then the lot cleared. 

We are talking FAT FIRE here retire not in that double wide but super comfortably.

If you want to find people who will try to help you lose your money, telling them how much money you have and where you will be is a good way to start.You are limiting yourself way too much by focusing on LA, but with $2 million to burn you could likely find some good cash flow if you are paying cash, but you don't sound like the management type just from this.

Pigs get fat; hogs go to slaughter.