Turnkeys seem to be notorious for pushing this class of assets, since the cash flow numbers look so good on paper.AND/OR ...2) Different investment strategies and asset classes work better during different phases of the RE cycle.

That sounds like a bogus requirement to me and municipalities are notorious for either not understanding grandfathering laws or lying as many want to kill parks.

I know the wholesaler posted the Zestimate from Zillow, but be aware that information from Zillow is notoriously inaccurate.There have been no comparable sales in the neighborhood for the last six months.

REO agents in many markets are notoriously bad.

This will cost you a $0.00 (ok, maybe since some listing agents that represent REO's are notorious for not picking up the phone.)Option#5: You can go to google type in "biggerpockets wholesalers in [insert your city]+ (important make sure to add the "+" sign this lets google know priority and will index the site first !

Both are important to consider because LA is notoriously cyclical and neighborhoods can vary widely block by block.

I'm currently binge listening to the podcasts and look forward to meeting other members, specifically here in SoCal, which is considered a notoriously expensive & tough market to penetrate.  

I live in a market notorious for that.

Our formal training to get our license covers none of it, furthermore mortgage software is notoriously buggy when it comes to real estate investor calculation of DTI, and honestly it's possible to go an entire career as a loan officer without learning to do it right. 

In our area, elevator companies are notorious for not doing the monthly/quarterly PMs despite what the agreement says.