I’m 25 years old and new Real Estate Agent in the Los Angeles area.Before becoming an agent I’ve always had a long term goal of being a landlord, whether it be through a family home or an apartment building.

I understand there’s some nuance state-to-state in terms of deed of trust usage vs. using a mortgage for the second lien position (our investor in this case).So that we can arm ourselves with the most knowledge going into discussions, could anyone advise what the setup process actually looks like here?

For investment properties you should be using private/hard money lenders, but if it's a primary or you have a long window of time to secure the financing then traditional may be the way.Overall, it should be easier to get approved via creative financing though as there are options and workarounds for nearly every scenario (they just may cost more the more creative you need to get).

From my experience, these factors are the secret sauce for a long-term growth investor.My family absolutely loves the city, and we are fortunate to call it home.

I know the prices are high there but as long as rental prices are high too, that's ok with me. 

Looking to hold this as long term investment and rental income. 

I'm currently the owner of a couple long term and a couple short term rentals. 

If they paid as agreed we would go to the court and ask them to dismiss (or reverse, nullify, void or what ever term you want to use) our foreclosure judgement.This was actually a nice house and we could have sold it for a solid profit.

Is your property in SD a long term rental?

And I'd remind it's your Communist Comrades who invented and coined that term "useful idiot".....