@Brian Oswald Try Great Lakes Landscapes and Snow Removal.  

There is a huge imbalance for supply and demand, with demographics of young couples looking to build a nest.

If you're in this for the long term and are not accounting for eventual replacement of the roof, HVAC, plumbing, paint, floors, carpet, hot water heater,appliances, foundation/framing, landscaping etc, etc, etc, SURPRISE, this things will wear out.  

Cities have destroyed the natural landscape of the world.

I think the best course of action would be to find a junky Inglewood building close to the Culver City border and put some money into updating finishes and the exterior/landscape to attract young professionals that will be moving in the area in the next few years.Hope I helped!

Whatever strategy you choose, just know your demographics and build the best property for your market and price it lower than your competition so you can get continuous interest... 

Hey Diane, if your current demographic works then you may think of sticking to it for now as you scale up.

People are like 50% is too high but you have to factor all of these in.Vacancy (6%), Utilities, Insurance, Landscaping/Snow Removal, Pest Control, Repairs and Maintenance (5%), Professional Fees (Accountant, Eviction Lawyer), Management Fee, Cap Ex (Reserves for Boiler, Roof, Appliances, Etc), Trash Removal, Water Bill, Real Estate Taxes. 

In a nutshell, instead of building a fully finished product to market to owner-occupants, I would build simply an empty, enclosed shell - complete with a laid water / sewer line, slab foundation, framing, roof, exterior doors, windows, and concrete landscaping - and market that product to other investors who to wish to complete the house using their desired finishes.  

For many, I hear it's landscaping and plumbing (infrastructure issues).