Yes, for a few reasons.1) local to you - you would most likely have an edge to start right where you are, since you may have better access to data and physically can go to the properties and/or meet investors in person, if need be, etc. 2) since the #'s are typically larger here (SoCal) you have the potential to make larger $'s !

Hi ALL,I feel pretty sufficient analyzing the purchase of an apartment from going through the financials and physical aspects of due diligence.

The reality is physical assets are rarely intrinsic.

Tenants here don’t attack you physically (myth) and they understand you have the legal power to remove them from their home.

But before any of this, think about if you really want to invest in physical real estate.

They usually want to match identification proof with a physical presence.  

So, people from those more expensive markets can come here and physically see the properties they want to invest in.

This means both parties must physically sign the document.Delivery is equally important.

Then there's the remaining assets in each of our custodial accounts - looks like we'd also be paying annual fees to both that custodian and the new LLC custodian..

This can usually be easily fixed by marrying new beams but we did find one house where it was the center support beam and there was physically no way to get in a beam long enough to cover the span of the width of the house without cutting a hole in the side of the foundation/or upstairs wall to get it in.