@John Wijtenburg, looking at making my first full cash offer soon but thinking a simple offer is not going to work.

You picked out a few really good neighborhoods to search because its still cheaper than LA proper but they are growing/changing in a positive manner. 

Do not have the contractor do the entire house if you've never used them, start with something simple like a bathroom.

Pick a solid B-Class suburban area.

I guess I finally just wanted to share with BP and pick your brain of what to do during these times.

It has been a slower go that i had originally hoped, but i can feel the steam picking up now. 

Pick the one you feel best about.

I've been doing single family flips, wholesales and picked up 2 rentals over the last 2 years.

I have wonderful tenants renting out his house now, just lucked out by picking the best applicants even with minimal screening.

So if you're selling a rental worth $500k (using round numbers for ease), you could identify as many properties as you like, heck you could pick out 20 if you wanted, as long as they don't all add up to more than $1 mil (200% of $500k).OR2.