We already have a small portfolio, 3 doors, in Omaha, NE where we live, but the market here has gotten too competitive/overpriced.

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.

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!!!

Seller won't release any further info until Buyer is verified, POF etc..

Seller financing seems like a viable option, but how do I go about finding these kinds of opportunities?

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

You knew the house was for sale and he said he took it off the market, but then got it under contract anyhow.

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

My main questions would be: how long does the entire process take from applying to actually having possible tenants to start picking from, and how do they determine exact amount for rent (the amounts listed on the housing authority site seem way higher than market rent, I’m wondering if I will actually get those numbers or not)any other general tips or advice is also appreciated!

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