We make well into the 6 digits of combined income and the question that we are throwing around is do we go into vacation rentals/SFH rentals or do we do house flipping to start and get our feet wet?

There are a lot of buyers including owner occupants with FHA's snatching these up at record prices, not at double digit discounts.To answer your final question, pay particular attention to utilities and parking with multi's.And congrats on your earlier deal.  

Most of the suburbs have seen double digit increases and have now caught up to 2006 values.

@Daniel Holbrook,  Private money for industrial buildings is not going to be below the double digit rate or a higher LTV. 

Anything west of Union St to city line.......I really like a poker from west of Greenhill Ave and North of Lancaster.  

I'd like to keep things as digital as possible.Before I spend too much time going after PayNearMe to be a vendor of mine I'd love to hear some stories of its success with lower income tenants.Thank you in advance,Michael

Interesting to see Los Angeles appreciation so low as a region as I'm seeing double digit rent and value increases in my neighborhood.  

I've seen 60% cash-on-cash with some duplexes but never anything in the 3-digit range.

We've had double digit value increases the last couple years and the trend looks like it will continue, albeit at a slower clip.  

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