We accepted a pre list offer of $236000.00 with us paying the closing and are scheduled to close mid March. 

.- It's not profitable for them to search for under-market priced houses, figure out repairs needed or what other problem is pushing the price down and do even more for a newbie investor that has analysis-paralysis and may never buy anything.Some questions you'll want to share the answers to with any agent you choose:1) Are you paying cash or getting a mortgage?

In addition, you would need enough working capital to pay for insurance (which will be going up a LOT in Los Angeles) and to pay for property taxes.Don't buy this unless you have substantial resources and a cash cushion to keep yourself safe.

I obviously want to pay the lowest taxes over time.

You should never use a debit card or pay for medical expenses from your HSA, ever!

Take those profits and pay off the rentals.

Conversation in local Bar, say I would pay all CASH How did you finance this deal?

If you have a lot of liquidity and a great paying W2 and can support your rentals, focus on appreciation/equity.

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

This is the first time I have done something like this, where it was for other reasons besides not paying rent.