The trade off is that you get into an LA property with only $30k down- not an easy thing to find in CA!

My day trade is in IT as a systems engineer.

The real major issue is that most of the broker-dealers clearing trades automagically do not support foreign trade clearing right now.  

So I guess the moral of the story is the bigger you get the harder it can be to trade up, especially when the whole world is chasing yield. 

And the only reason that is, is because I've spent thousands of dollars as well as many months testing and refining the filters that work for me and my other investor clients and would be basically giving away trade secrets for every other investor in my and my client areas to use and drive the price up for our adverts.

I am a researcher by trade.

In the event that you decide to still move forward with that investment, make sure to check on those utilities to see who pays (owner or tenant) - that can be a big swing factor in the economics of the project!

If you want to chat about the local investing market, give me a shout.If you swing back through your hometown, we have a meetup group that gets together once a month.

Do not take personal checks and do not take trades or promises, or IOUs.Don't let your greed get in the way of getting a good tenant.

As an West Coast out of state investor myself, I look for areas with growth in population, jobs, and home prices that are still relatively low on the upward swing from the recession bottom.