Since cap rates are the result of market actions AND a lower cap rate means possibly that the market is paying MORE for an equivalent income stream than say Surprise, AZ it could be very well that there is market anticipation IN LA that rents are on the way up or that prices will increase even more or BOTH.

Moving forward - hoping to have all ducks in a row and ready for action within the next few weeks.I have a financial partner - and am building a small team of people that may participate in future projects.

As Jerry mentioned there low priced areas in Naples and plenty of foreclosure action still.Good luck!

It's action, enthusiastic, and a strong financial education that attract money.

Hi Skyler, I am glad you are taking action!

In short, they can be held responsible/liable for your actions as well.

The death cert. and will should help you open the necessary probate action or change trustees.Your tenants are incorrect in that they do not owe rent.

And, having a buyers list brings much more comfort and confidence to the situation.So, Get up, get started, and take action.

I would like to take advantage of flip properties to feed my buy and hold engine but not sure if this should be my first course of action.

With great respect to those with far more experience, I want to encourage you to take action.