@Luke Carl Goal is to set up in an area w/ the highest cash-on-cash returns w/n driving distance of LA.

@Elle Jones are you looking at areas that you are near or long distance investing? 

My Canadian friends hold their NY properties under LLC’s, there should be no double taxation since the LLC does not pay income tax because it’s just a flow-through entity.I would stay away from long distance investing (Florida).

So my area would span a 50 mile radius, from thousand oaks to san bernardino/riverside to orange county.I'd be willing to increase that distance a bit to find deals though.Where are CA outliers located?

I know there are some who do long-distance TK and BRRR due to being priced out of their local markets, but I'm pretty sure the majority of RE investors can see the advantage of investing locally.I agree with Mr.

Purchase price: $76,250 Cash invested: $105,000 Sale price: $265,000 Long Distance Flip, I went out to Pittsburgh for the renovation to GC and do the work on it.

Completely agree about nice pockets of Salinas but commute can be rough.

Trying to keep location convenient for commuting to NS Norfolk and the majority of hospitals in the area. 

Also listen to Alex Felice's podcast on BP if you haven't yet:https://www.biggerpockets.com/blog/biggerpockets-podcast-301-incredible-power-long-distance-brrrr-investing-alex-felice

I've managed my portfolio form a distance (3 hrs) and through a poop PM ( you know who you are, shame on you) and kept it afloat but what i have left I'm threated to lose.