@Tomas FalconWelcome to the community and be ready for a huge amount of information at your finger tips.

Does anyone have any other tips?

Prime LA Beverly hills  Bel air  Prime orange county anything on the ocean. 300k would be average I suspect ..

Do you have any other tips on "the live" in flip potential in LA? 

At the numbers you are talking about and where the market is heading you could pick up some very high quality NNN national credit tenant properties as commercial continues to recover. 

I would like to see what the local tricks and tips are to protecting ourselves as landlords in California thank you my name is Ryan have a good day

The other tip I would say is really get a good relationship going with a realtor in the area if you do not have one to give you the exact data you are looking for to be successful.

Negotiation tip #47, make it as simple as possible for the other party to accept your terms.

The biggest thing to me is buying in quality areas that will increase in value over time.

They were not terrible, some people would call them C minus, and it wasn't even that much about financial considerations at the time (appreciation was not a thing back then in Milwaukee) but just not what I wanted to own or manage, so I sold them to them tenants - after quite a bit of financial coaching to get them to qualify for a loan.My standard advice is always to buy the best quality property you can afford.