It is still nice here, but dont forget the sweltering hot summers.

No more heaters, no more gas stoves, no more hot water.I jumped in my car, purchased two electric heaters for each unit, a $50 gift card for each unit and drove the 40 minutes to the property.

Prices and selling are still a bit hot in my area, but this has been my m.o. in the past and it works.

I'm in a far more temperate climate, and last year picked up a couple of houses around the holidays in very desirable, hot areas.

Stack that on top of finding tenants and managing a 6 unit building for the first time and you could really end up in hot water.

The third is an incredibly rude, arrogant couple who refuse to pay rent and refuse to leave.

@James Syed How old are the systems, (roof, windows, siding, hot water heater, appliances, HVAC, etc)?

I am currently in the process of building a team and working with agents to fully understand my local market and 'hot spots' in my area.With the resources (credit, cash, income to debt ratio) i have, I plan to start with a property to occupy and renovate for the mandatory time some programs state to classify as owner occupied, then depending on the market rent or sell in hopes to gain the capital I need to really start my investing career.

Would you be willing to tell me about what is hot right now in our market?

Los Angeles is a hot market and plenty of opportunity for wholesaling.