Maybe @Joel Owens can give you some tips he is in GA and is a very experienced Broker/owner.

Learn the basics of financials in RE, build a strong team on the ground, understand the ins and outs of RE and what market your in, understand how to actually flip the home and what strategy you are doing (Highly recommend the BRRR) as holding homes is where the money is made.REAL ESTATE IS NOT EASY!!!

Also I will appreciate any other suggetion, tips, advice, and recommendation that does not pertain to my question. please teach me!

Every market is different, but here in Pittsburgh the 20+ properties per month that we put out are usually off-market and below market value so a generally low barrier of entry.

I've always had good luck with Furnished Finder (but in the Denver market).

Market OverviewThe Los Angeles hospitality market showed strong recovery and growth in Q1 2024, with key performance indicators demonstrating significant improvement from the previous year.

However, if there are utlities in that market on 30 or 90 day billing cycles, that could be the issue. 

@Peter TrifanI would reach out to as many brokers and property management companies in your market for recommendations.

I have a limited view to the 3-4 markets in which I invest, but I don't see any long term rentals in desirable locations that cash flow year 1.

Not sure if I should stay in the Chicago market or Invest out of state in a more land lord friendly state?