On the other hand, there's been a boom over the last 15 or 20 years of new condos downtown and in the 3rd Ward, which are generally all pretty pricey, usually starting around $200k for a 1bed/1bath tiny unit and going up into the multi-millions in certain spots like University Club Tower where one 9000+ sq foot unit that covers an entire floor on maybe the 35th floor is appraised by the city at $13 MILLION!!!!

But BP Podcast 73 with Mehran Kamari opened my eyes to out of state investing when you're faced with a local market like LA so long as you have "boots on the ground" in the other state.For someone like me who is just starting off, with a decent income, should I go for the expensive LA rental if the numbers somehow miraculously work or is it wiser to partner and look towards out of state hot spots given the full time job situation?

@Robert Carlson I’m in the exact same spot.

Still curious what the project is.. besides maybe taking bitcoin!

As being a flooring contractor you can go to Lowes, home Depot any box store and find feathering compounds to fill in the grout joints. depending on the grout joint size and depth you may need to put 2 coats down on the floor, between each coat us a scaper and knock down any high spots and repeat the processes.

Some of the cracks are larger than other spots.

This particular park has 8 park owned homes, and spots for 5 RVs.

I check both spots for a sign of moister or a leak.

@Sherman Ragland response was spot on.

It's called an "involuntary conversion" and your analogy to selling the property is spot on.