We buy run down multis for cash in a blue collar teetering on slum town, fix em up (but not beyond basic housing), and rent em out at market rate. 

I live in Los Angeles, CA and now have 100k in my savings.

Anything under 80K is far below the median and is going to be a combination of rough neighborhood and rough condition - typically within the dark blue shaded area on Trulia crime maps.

Hi @Mano Yeghikian  That amount you have is sufficient to do a house hack in the Los Angeles Area.

Especially from someone who is familiar with Los Angeles and the market here.

I live in Los Angeles and have a rental property 3bd 2 ba SFH that I am trying to sell.

Current conditions have affected high paying white collar jobs a lot less than the blue collar jobs that support our local industry.

@Aleejandro Dela Vega I don’t think it’s the city we have to worry about because here in Los Angeles to be exact we have an eviction moratorium with the judicial council.

Hi all, I am in the process of buying my first rental property in Los Angeles, CA.

My ideal rent amount is between $600 - $700 you get about 20% turnover in this range so it’s fairly low, and because they are generally blue-collar working people, they don’t beat the units up too bad.