If you can spend some time browsing MLS to get a feel for product types and pricing, make sure to do separate searches in Residential and Commercial, since smaller multi-residential ends up on both sides of the fence.

However, the tenant pool for Class A and B properties (largely casino workers), which generally rented in the range of $1000/Mo. to $1400/Mo., suffered income reductions but comparatively few became unemployed.

The OP could benefit from browsing there.  

Been browsing the site for what seems like ages and finally making a post.

Start to browse rentals to see what rents are for your target areas.

All I had about $40K to my name and spent a good deal of time looking at properties, reading blogs, browsing Bigger Pockets, attending seminars.

Your area should have an MLS website that you can access and browse for free, without contacting an agent.

I was browsing Zillow and I found what looks to be a great investment property for the area, from what I can tell about 50k below market and needs some updating, but in the description it talks about the pool needing repair.

I have been browsing the forums for a bit now after discovering the Bigger Pockets Podcast a while back.

I have so much respect for those on this forum that help out and am so thankful from the knowledge I've gained from browsing over the years.As to my question, I am looking to secure a second lien position with a personal guarantee on a hard money loan in Pasadena, CA.