Stop listening to all the noise on the internet.

I'm having trouble finding the right guidance outside of the internet and it would be nice to do some one-on-one.

From a financial perspective, how do I determine if I should pursue appreciation in LA first vs. cashflow out of state first? 

I have worked through (2) banks to determine loans and was easily able to come up with commercial refinance terms between 5.5 and 6% for a multi-member LLC (i.e. we have 3 of us as well).

They're under-valued, but you absolutely HAVE to have someone who knows the areas really well to be able to determine whether or not a property is in a "good" neighborhood vs. a "bad" one.

Any database that can help determine the asbestos usage across USA ?

Determine approximately how much electric and water the laundry is consuming and then lower the tenant's rent by that approximate amount.

In higher priced markets like CA or certain parts of NY & NJ, some people want to just be paying much less than if they rented.You will need to decide for yourself what your goals are and then you'll be able to determine what a good deal is.Yes, it is possible to get FHA and other loan products for 4 unit and less properties. 

There is no general rule as to how many sponsors are good and bad, mostly because investing (life in general) isn't that black and white.Just like @Aaron K. said, make sure you know what to look for and the questions to ask so you can determine if someone is the real deal or not.

For the flip, I wouldn’t go off of Zillow to determine the ARV’s, I would just have a local agent print up comps of everything within a half-mile radius.