That's not unique to L.A.

I also like to keep an eye on affordability as a key metric since it combines incomes, prices, and interest rates all into one ... not that I compare affordability of SF to KC, because that is apples and oranges, but rather SF 2017 affordability vs SF 2006 affordability for example.

Any unique addition you can put into a property should make it easier to market and help decrease your vacancy time.

Plus it is a unique situation in that my mom has a lot of money wrapped up in the property (she helped with the down originally) that I promised I would get back to her sooner rather than later.

The following link has a good example of what I mean: https://www.biggerpockets.com/renewsblog/2015/03/04/how-to-turn-around-tenant-lawsuit-in-single-conversation/ I’ve found that acting in such manner---combined with careful screening---will lead you to tenants that can come to you about their problems before things get out of hand.

My name is Marina and I have found myself in a unique situation that I need advice on.My cousin put an offer on a foreclosure about 6+ month ago and it just got accepted by the bank.  

I have seen many of my clients invest in Pittsburgh PA because of the affordable housing it offers combined with a solid return on investment.

Agents not having the experience in our field, combined with not having the oversight of professionals held to higher ethical standards (CPMs, GRIs, RMPs, MPMs), will most likely not have your best interest in mind but only that ultimate commission.

@Tim Roberts I can send you some examples of multistate portfolios I have done for investors in the last few months.I think you will find there are very competitive insurance programs for the CA properties, but they are only available for CA properties.IL & CO are a little easier to combine onto 1 policy while keeping the premium competative, but the hail and wind issues in CO may make sense to break them out again into separate policies.

Moving on...There are a few strategies at play here:Using a standard, forward 1031 exchange.Buying properties that need work (BRRR with or without the refi, utilized to achieve a higher return).Partnering with someone who can get a loan when you can't (to bring deals into grasp that were previously out of grasp).The question is, can we combine the 3?