You just simply have to shift your focus to finding something off market.

Other than a badly shifting foundation, which I don't like dealing with, there's virtually nothing on a house I can't fix.

Also, mentioned, there is market appreciation in both prices and rents, which yes does on average double every ~10 years in and around LA ... who knows what it could be next year or the year after, but over a long hold period this is the average if the long term (going back 40+ years) holds into the future, and I don't see any major fundamental shift in the supply and demand dynamics to suggest it would.  

Being able to wake up just a few minutes before I start my shift makes a huge difference.  

And if sellers begin the for-mentioned sell-off, we could see a crazy, crazy market shift.

My wife listed a house in FW and is under contract and appraised, but be mindful that the market is shifting and old comps may be of little worth if they are before this past fall. 

Wild to see how much can shift in a year.

One of the big reasons homeownership declined was the mindset shift of the great recession.

We are considering shifting our business to flipping houses, instead of BRRRR'ing. 

There an interesting article that Los Angeles investors (and ultimately investors in general) will find an interesting read.http://www.latimes.com/business/realestate/la-fi-h...