General question regarding running numbers for viable BRRRR opportunities in LA.We are all told that the max allowable offer should not exceed 70% of the ARV less the construction costs. I would like to know if LA inv...

I can buy RE, do HML, angel investing, etc. through the fidelity account.

This was all helpful information, especially @Angel Harris and house hacking a single-family home to then later move and rent it out.

I'm in Los Angeles as well (city) and have a roommate to help offset the mortgage.

I don't have any advice to offer, but we are looking near the Blue Line on the L. 

He is 67, blue collar worker who started as a welder in his younger years, then had a heart attack, was able to stay with the company and moved into a part supplier position.

He is definitely more carnival barker midwit selling to bozos than harvard mba hedge funder selling to blue bloods. 

This is a Varsity Blues cheating scandel-esque slap in the face to good tenants who play by the rules. 

We went with a blue door:  

Imagine a Kmart Blue Light Special.Every strategy can't be effectively applied to every property, but every property will have a strategy that can effectively applied to it, to make it a deal.