I'm currently 'driving for dollars' in Los Angeles, CA to put together a distressed property mailing list.

The market for these kinds of places has really bottomed out in recent years due to the loss of low-skilled blue collar jobs in the area.

Its on my blog, but the gist is that if you have a choice of municipality, take into account Red State/Blue State politics.

Thank you BuddyYoure the only one ive heard from so far about this,,,I appreciate the information and Ill let u know how I doDave DoyleLos Angeles

I am about to send my very first batch and following the advice of many posters here, will put my return address but not my name on each envelope.As I address them, I am wondering - will putting a return address in a city like, say Beverly Hills, create a different response rate and negotiating dynamic than something more generic, like Los Angeles.

Davenport/blue grass preferred.

You can use them as a good resource to tell you if it's a good area or not.You will have some trouble finding a PM that will take this one on due to the area and low rent.Personally, I tell my out of town clients to start with strong, post war, SFH in blue collar neighborhoods and go from there.

This is a long shot but I wanted to know if anyone could put me in touch with any bill board companies that could make use of my commercial sites in the Los Angeles area.

Simon Sinek's "Leaders Eat Last""Blue Chip Real Estate Investing""Flash Boys" Michael Lewis

Does any mortgage lenders have a loan program that will allow for less 20% down payment for a multifamily property (2 to 4 units) in Los Angeles?