I am located in Los Angeles, California and we are still not fully open.

I've been investing in Real Estate for 10 years now. 80% of my assets are in Los Angeles, the remaining 20% in Colombia-that's another story for another time.In my last post I wrote that I am no longer investing in Los Angeles or any where else in California.

@Stephen Stokes, Yes I am one of those with Rose Color Glasses and you my friend will be singing the blues about rental prices for a long time before your right.  

Frank Chin, but no joke, in my area of Los Angeles suburbs, tons of people would be fighting to pay $850,000.

We live in a 3/3 in Hancock Park in Los Angeles; the unit under us is a 3/2 luxury rental.I decided to keep my money in SoCal because I don't need cashflow now.

That's challenging in my market of Los Angeles.

I’ve got mine mostly in stocks however: high dividend yield blue chip stocks.

But also look out for potential rental restrictions, I'm in Los Angeles, and a lot of condo HOAs have limits on rentals so the overall % of rented units doesn't go over a certain threshold.

You may out of the blue in 3 weeks get some sort of response.... long after you moved on and forgot about the place.4) When dealing with regular person to person sales, things are MUCH more responsive.

My friend has a couple duplexes in Los Angeles, purchase price $800k without the need for renovations, rents for $3500 per unit.