If you want to find people who will try to help you lose your money, telling them how much money you have and where you will be is a good way to start.You are limiting yourself way too much by focusing on LA, but with $2 million to burn you could likely find some good cash flow if you are paying cash, but you don't sound like the management type just from this.

The protections are there because if the police can simply put out a squatter it would be simple for landlords to never give their tenants anything in writing and have the police remove anyone they didn't like or who didn't pay as a "squatter."

If so, self managing might be a good fit for you.I'm more of a "path of least resistance" person, so if I can pay someone else to do it, I usually will. 

Better to pay your mortgage instead of someone else's. 

Remember that the investor-friendly realtors listed on here just pay to be there.

I am going to walk through the home and make sure he has done everything I have asked and that it looks good. is their any other step i need to take before i pay him his final cut or is it time to move on to finding a renter

Keep in mind they are likely paying below market value, so giving them a small amount won't be enough to cover the new market rent that they would be moving to.3.

You don't make enough to pay lawyers, fines or anything else from your cash flow. 

Hi Allen,It seems odd the lender is pushing for the 10 year ARM product when you are willing to pay 0.50%.

Whether the property is $4k or $40k, you are still paying $5k to me to sell it.It should be obvious to you why this is, but it looks like it's not.