If investing in Southern California proves to be challenging due to high costs, it may be worth considering other markets outside the state that offer lower entry barriers, high rental demand, and favorable regulations for investors.

We are seeing a lot of volatility with new listings, they either go nuts with offers - or don't get an offer at all.

You just need to be efficient with your time and build a system so you are submitting enough offers to get through all the rejections and eventually someone will take your offer.

When the contract says the assignee is paying cash, from my experience, it waives any contingencies that come with a financed offer.

I actually increased my original offer by 10k, and PinPoint accepted my offer today.

I am debating adding an actual rough offer into my letters, as I think sometimes calling or writing and essentially asking if they have considered selling almost always gets a no because the owner assumes you will lowball them, like most other investors. 

Scoured BP for podcasts, blogs, etc to find out who the great players are?

Thus, the investment grows like it's sitting in a roth 401k/IRA       Then when you die, your heir gets a step-up in basis, thus eliminating all the prior capital gains over decades, but only up to 13.6 mil this year :(              Debt Funds (like mortgage note investing) can also be very lucrative but I don't know/understand the tax savings/issues in that class yet, still learning :)              Equity REIT investing can give you great siloed real estate exposure in 11 major asset class sub-types, but don't offer the direct tax benefits as direct RE ownership does above, as the REIT gets those benefits when it transacts and as a corporation passes those benefits secondarily/indirectly onwards to us investors as high dividends and gradual stock price appreciation.

A lot of the new construction you are seeing is from the buyer spree in 2021 & 2022 where people were having to pay 160-170k+ for standard row homes in Point Breeze and Grays offered a much cheaper alternative close by.

Could be a win/win situation if you purchased and offered additional funds to move them out.