It has has towns (villages really) with horrible poverty rates but it's largest city of 350K has poverty rates that match the national average.LA County?  

Robert, go to your municipalities website, they should have renter/landlord rules listed and it is usually also spelled out in most leases which they should have a copy of but, with the owners help, you could give them a highlighted copy of it.

Earl,In my opinion, we are not in a real estate bubble, at least not on a nation-wide basis.

However you're not ever going to out rank the national sites.

However, Caliber Home loans is national.

As a young foreign national who wants to start investing in the US I started working out a step by step investment plan.

Note without including appreciation So Cal has been a poor RE investment but due to appreciation it has been the best REI in the nation (along with San Fran).The point being cash flow is only part of what determines a good REI investment.  

Let me explain it the way my mentor did, who is one of the nation's leading financial minds.  

In Massachusetts there is a 20% credit for all QRE ( Qualified Rehab Expenses)  and 20% available through a second application on the federal level with the National Park Service.   

In each post I highlighted a current listing and argued why I felt it was not a good “deal”.