Hi Victor, You should talk to a local lender about a bank statement loan program.

They should be able to point you in the direction of someone local and have an idea of what the cost is.

I'm not sure if I am going to start local (since the market is so high here) or if I am going to go OOS.

TICs are becoming more common in LA these days; they're like condos, but the structure is different.I'm not a TIC expert, but from what I understand, adjusting the ratio of ownership is difficult.

Very rarely will a bank bid on a tax foreclosure, if it happens it's usually small local banks who would rather have the county do the foreclosure instead of them.  

For the rentals, we always have a local "on call" relationship with a local investor to assist when needed.

It has been recommended to attend a local meetup, but what do I say?

Hi Flavia, Research the local market trends, economic indicators, job growth, and development plans in the area to gauge its long-term potential.

Search for the best loan deals and talk to an expert in loans to help find the best one.

I am currently getting quotes from a couple of local CPAs (based on the link shared here!)