It can be quite expensive to fix this property.

There are some lower priced (I understand "cheap" doesn't always mean "value") condos in my area, and after running some numbers, I feel I can rehab and rent them out to cash flow in the low hundreds (after expenses, commons, etc).Anyone have experience in this before?

John.Getting into investing in LA with $50-100k is going to be very difficult, as you know this market is super hot and very expensive.

Are you sure you're accounting for all of your expenses?

Hi @Melissa Harris, so I might have missed this but what did you factor in to get your "monthly expenses", and what is the "cash needed" for?

Unless they mean that they are not sure about the exact expenses for the property.

Unless there is some huge expense or insurance costs, I'd leave it.  

I use Allstate which I know is relatively expensive.

I use Allstate which I know is relatively expensive.

Brick faced and its a small but expensive repair .