I know this runs into affordability issues but since when were the good spots of LA affordable on average?

Good Afternoon,I have a few individual questions that I have been trying t find the correct and accurate answers to , over the weekend.The Following Questions I have are ......1.

Been there, done that, got the yucky t-shirt.

We are looking to purchase a house soon and potentially renovate and hold until we can afford another house so that we can rent out the first one.

If you can't afford that, probably need to give it a pass.

Treasury approved the nonprofit Nevada Affordable Housing Assistance Corporation (NAHAC) to oversee the Nevada Hardest Hit Fund®, which provides assistance to Nevada homeowners who are at high risk of default or foreclosure.

However to afford limited liability protection and creation of a registered entity the Govt.

Of course I don't expect potential renters to bring the deposit & first month with them when they come to look at the house, but once someone has looked at the house, said they like it and that it meets their needs, and the price is affordable to them, and I have pre-screened them through the in-house application, I expect action or I am going to move forward as if they never existed. 

I'm having difficulty deciding what my primary game plan is, because I'm in a situation where I don't think I can afford the area I live in, but I still want to keep my options open.

I don;t have to.