Risk assessment and mitigation: Quick analysis of crime rates, school quality, economic stability and environmental risks. 5.

There are plenty of investors out there already looking for quality management, just be that. 

I would base accepting them on asset quality. 

But I also sometimes think owning only 1 property in LA would be less stressful and a more reasonable mortgage payment would improve my quality of life.

Under bidding, poor quality, not following timelines - those will all kill your project.

Dayton could be a good alternative, offering similar price points.To narrow your options further, consider factors like population and job growth, cash flow potential, and the quality of neighborhoods you’d feel comfortable investing in.

Are their listings detailed with good quality photos?

This attracts a higher-quality renter, ensures funds are available to maintain the home, and reduces the risk of major losses.

If you don’t have one already, try adding a video or virtual tour to attract more interest.Make sure your photos are high-quality and show the best features of the home.

Then, having covered my base, I'd try to differentiate myself, by having the best located property, the best quality property (given the price of course) and offer the best experience.