Or are you going to invest long-distance from NY to the Mid West? 

Well, you need to put yourself in the mindset of someone who has an urgent situation and wants to sell their house quickly.

There are a ton of investors in the area.

Are you buying or selling? 

Add on the cost of flooring and you are good to go. 2.

We are seeking to buy investment property near the coast of California between Ventura and Morro Bay.

These areas are more affordable and still within driving distance so you can visit and oversee renovations easily.My best tip for BRRRR as a beginner is to build a solid team—make sure you have a reliable contractor, property manager, and lender who understand the strategy. 

Are all banks willing to lend to LLCs?

I personally have not done any deals there, but I know that rentals are strong in that area around Oak Lawn, Alsip, etc. 

There are a lot of people working from home and/or home schooling and looking for a room that would work for them.