But the more I try that formula with sample properties, the more I wonder if that is feasible in my market (Los Angeles suburbs, San Fernando Valley). 

Investment Info:Single-family residence buy & hold investment in Los Angeles.

We're releasing a new version of the software in the DC / Maryland areas within a few weeks as well as launching the platform in the Los Angeles area. 

I live in Los Angeles now but lived in Kansas City for 20 years until I moved west in 2009.  

I'm not talking about people who had parents that left them $10m or people who sold a san francisco or los angles startup for $1b. 

In say Los Angeles where I also own property it’s common to own property that cashflows negatively but with the appreciation values being so great some areas 20% per year, I find focusing appreciation values being the best strategy.

Also city permits in Los Angeles are notorious to take long.

I also own a rental condo in Los Angeles, which I plan on listing and selling in the next 60 days.

Lower priced properties seem to be flying off the shelf in the San Bernardino area, as many  people are getting squeezed out of Los Angeles due to ridiculously high prices. 

But as an investor who does fix & flip deals in Los Angeles who is open to working with new private lenders, I'm eager to hear why it looks like you've abandoned your private money business.