You will generate cashflow once you move the units to market rent which is the key to making cash flow in Ca. you wont make money in OOS unless you scale your portfolio fast. otherwise you will earn meagre amount and one maintenance work order away from cash flow negative.All the investors who are happy being OOS are ones with ten plus rentals or moved to the out of state market and became professional flippers and investors. 

If not the bank starts the process that's the issue I see..Then don't get me started on the bad actors who will learn this and will not give two shakes for the seller .. once they realize their credit is not on the line .. rip rents all sorts of bad stuff. that's were i get the heartburn..

Maybe you will identify with a few, and you will learn a lot in the process.

I'm currently in the process of getting my license reinstated after it expired last October.

Depending how much you earn you can step up those savings by getting a side-hustle in any part of real estate....working for a top Real Estate office on weeknights and weekends, working for an RE Investor, working for a General Contractor and learning a few skills, etc.

The agent should also fill them in on the current market conditions and a brief history recap of the market.Then guide them through the buyers process and explain any docs/contracts the buyer will be using.Big popular teams are fine.They will typically have you work with newbie agents they use for buyers.

If so, I'm assuming we'd have to then go through the foreclosure process, which is what we want to avoid.

What does your process look like when choosing markets?

Depending how much you earn you can step up those savings by getting a side-hustle in any part of real estate....working for a top Real Estate office on weeknights and weekends, working for an RE Investor, working for a General Contractor and learning a few skills, etc.

Depending how much you earn you can step up those savings by getting a side-hustle in any part of real estate....working for a top Real Estate office on weeknights and weekends, working for an RE Investor, working for a General Contractor and learning a few skills, etc.