I’m naturally inclined toward this area because it’s within driving distance of major west Coast cities (L.A., San Diego, and others)—making it feel like a “natural” choice for a regional traveller wanting to get away for a short weekend. 

Quote from @Matthew Paul: Isnt there going to be a major problem with mudslides once they get rain  .

I am not knocking listing agents, but majority of their time and effort is spent getting the listing.

I’d recommend you do the same.It all started when we interviewing Lendbase we were told that all of the lenders in the Lendbase network accepted their underwriting.

Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

In all major cities, especially ones with a higher crime index, unless you study the market and know it, I would never rely on someone else to choose a block.

I found this deal as an off-market property through my local network in the Hamptons.

Bigger Pockets is a great place for education and networking. 

Acquiring Clients: For those who’ve raised capital successfully and built a strong network of clients, how did you go about finding and nurturing those relationships?

Let’s cut through the nonsense: this isn’t about networking.