If you want to find people who will try to help you lose your money, telling them how much money you have and where you will be is a good way to start.You are limiting yourself way too much by focusing on LA, but with $2 million to burn you could likely find some good cash flow if you are paying cash, but you don't sound like the management type just from this.

Better to pay your mortgage instead of someone else's. 

I am going to walk through the home and make sure he has done everything I have asked and that it looks good. is their any other step i need to take before i pay him his final cut or is it time to move on to finding a renter

Keep in mind they are likely paying below market value, so giving them a small amount won't be enough to cover the new market rent that they would be moving to.3.

If so, self managing might be a good fit for you.I'm more of a "path of least resistance" person, so if I can pay someone else to do it, I usually will. 

How can I negotiate to buy a house that didn't sell at $749k on the open market, subject to the existing mortgage with cash over, seller pay the broker fee and i buy "as is, where is"?

You don't make enough to pay lawyers, fines or anything else from your cash flow. 

Remember that the investor-friendly realtors listed on here just pay to be there.

Hi Allen,It seems odd the lender is pushing for the 10 year ARM product when you are willing to pay 0.50%.

Or maybe you can partner with someone to borrow $10,000 today to make the repairs and pay them back $12,000 in one year (20% interest).You also need to really crunch the numbers.