If you plan on giving people a descent living environment while making your profits and appreciation, investing in Los Angeles could definitely be great for your family.

The lending environment has shifted dramatically recently (and is still extremely dynamic currently).

Providing Ongoing Support:How can I create a supportive environment that fosters continuous learning and growth?

Well, it's boring if you don't like scuba, snorkeling, boating, swimming, fishing, the Mayan ruins, Xcaret, riding around in golf carts, a marina, Dolphin Encounter, etc. in a very secure, safe environment that has a very low crime rate, and is constantly patrolled.

if you fail on a mortgage in your own name then its just you and the bank plus in todays lending environment you most likely are not 120% Levered.. it gets even worse if you have sold the sub 2 on a wrap to a glorified tenant and now they have possession they have title and they are squatting.. risk all goes away if you simply have the reserves to pay off the underlying loan in cash then deal with the situation..

Similar warning for doing it on a particular RE investment in a particular market versus RE investments on a broader environment.   

If you do go here its critical you understand the community, culture, environment and treat people with respect.

In that environment buying in the hood becomes very tempting, but that little bit of cash flow comes with a huge cost in headaches, the probability of property damage (things like a charcoal grill in the living room) and long term you might just be treading water.Average net cash flow is probably around $200 per door after you have stabilized the property, so you need a few units before it amounts to something.

It is just safer to start something like this in an environment where you have a better chance of succeeding. 

You're getting OJT right now, but you're about to get burned very badly in a very tenant friendly environment if you don't get the help you need WHILE you're learning.