@Andrew Gheen Sounds like you have more experience than the average guy at repairing/renovating a property.

However, the short-term rental market comes with added complexities like managing turnover, dealing with seasonality, and ensuring you comply with local regulations.

This is before accounting for things like repairs & maintenance, etc.So just be sure you fully think through the cost side of investing out of town / out of state.  

I run a brokerage here and specialize in helping out-of-state investors like yourself.

So it sounds like you should lower your cleaning fee $30?

As you begin your investing journey I would suggest looking at a good resource like this website to just get a good idea of different areas. https://www.areavibes.com/Its a great resource and starting point

I am not an LA or So Cal real estate expert, but from what I generally know about the market is, if you can get any positive cash flow (with "reasonable" down payment), it is likely a win.  

Test drive the tech products - part of the BP pro membership is access to our amazing tools like Market Finder, Deal Finder, Rental Calculators, etc.

I think you'll get stuck in analysis paralysis if you think about it like that.

I really like the Nokomis area a lot - if you're looking at holding onto this one as a rental for a while, I'm sure you'll see some nice appreciation in the coming years too.Just curious, but did you do the full renovation after closing on it, or did it come pretty much turnkey for you?