Just to note, there is no harm in keeping it under your personal name until you grow.

Is the region growing? 

The area where the house is has been growing like crazy and they keep building more and more businesses around here.

Despite the fear mongering, average evictions in LA county are 3 to 6 weeks but part of the idea with LA is you might have less evictions to begin with...jobs, growing economy, tight inventories, competitive tenants, low vacancies etc...In a nut shell, the appeal could be substantially more profits with less hassle if compared to other locations on a longer term hold.

You are correct, they are growing and have a bunch of new development.

There are also a growing number of dependable property management companies in the area.

Do they have an excellent piece of the market share or bottom feeders and still growing to get there ?

Our plan is to buy and build rental property unless a better oppurtunity presents itself.I look forward to meeting or working with many of you as grow my education and portfolio.

I prefer fast food/ coffeestep six: Exponentially grow both my real estate and franchise business so at this point I should have around 1000+ doors and around 100/200 franchises Yes, this is a 10-15 year plan and it goes up to ten steps but you get the idea.

Keep learning and growing!