I would door knock and talk to these owners personally but its very difficult given a large geographic location of LA.Im going after residential and commercial apartment buildings.Any tips here will be greatly appreciated, Ive worked hard making hundreds if not thousands of calls and sent out tons of letters etc,no results yet, unfortunately I dont have a sphere of influence or past customers.

Banks have a vested interest in getting lowball appraisals in BRRRR situations, and if appraisers want to keep working for their main clients, those banks, they quickly learn to be well-versed in the art of giving the banks what they want, money-making lowball appraisals that screw you, the investor, and take money out of your pocket.An appraiser is going to come in with a point-and-shoot digital camera, or, in the worst case, use her/his phone.

It may prove difficult to find such a large house under 250k, may have to go a bit farther than 30 minutes.

And simply speaking with a few clients of theres I learned who the property manager and contractora they uaed were.

People definately make money up there but moveouts can be tough as the tenant class can be dIffIcult.

We are new to real estate investing and have heard it's difficult to obtain a mortgage under an LLC name.

Thanks for the feedback, I was looking into an older duplex property that needs some renovations in order to be capable of attracting a more upscale client base.  

We’re both in college, and while we both have respectable jobs (by college standards) and strong credit, we’re aware that it’ll be very difficult to find hard money loans in our position.

Hello Jonathan,I review rent rolls for clients who own property all over the US.

I haven't had an out-of-state client who moved here and later said, "Meh, it's okay."