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.

I would add, make sure you have good landlord resources as you enter into the landlord domain-lease agreement fitting your situation-resources for your tenant application process -needed landlord forms and notices-education resources-management tools (e.g. software to keep all records, pictures, payment history, etc.)Best wishes.

I self manage 2 properties out of state and can help you if needed.

I am the new manager and the previous manager has allowed her to do this for I believe close to 20 years.I asked her to remove her bike and that the laundry room is not to be used for storage and gave her some reasons. 

The step by step videos in this program I find to be easy to get through they are sometimes as short as 4 minutes detailing a step in the wholesaling process or a tool that helps manage your sellers and buyers and then they give you an action to take... they only release a few videos at a time which to be honest was sooooo frustrating, like I may have complained... but I see now it was forcing me to just take whatever "action step" in that video was, so now 3 weeks in I still and not anywhere near done with the coaching and can say I DO NOT understand the whole process but I am failing forward with hopefully 4 deals in the next 4-6 weeks!

After investigation with the community management team, I made the decision to close both accounts for various violations of our forum rules.

My broker's property management company is local to the area and very familiar and comfortable with this product type if you want hands off management.

It had never occurred to me that one could be self-sustaining through one's own resources, mainly because I had never made an effort to understand money management, retirement, or finances in general.An MMM blog post led me to BiggerPockets, a forum where the members, sophisticated investors, referred to their properties as "doors."

They promised a turnkey solution with active, professional, experienced project management and an entire permitting department at our disposal.

Another plus is that I now manage a lot less units, so PM is minimized.