Here are a list of advantages (not in my order of importance) 1) FHA (lower down = reduced entry cost). 2) self managed (saves ~12% annually in PM fees and provides the best opportunity to learn). 3) Expertise in the market (you live in LA and know the areas of LA). 4) Does not require the trust of a team that OOS investing requires. 5) Historical appreciation (both rent and market: There are few locations in the country that has historically produced the ROI for buy n hold of LA. 

Those that are more risk averse and want the expertise of a professional.

You are placing your knowledge and expertise on the line.

Some strategies may require just time or a specific level of expertise.  

We have close to 1M members here so there is sure to be somebody who has an expertise in whatever it is that your doing so don't be afraid to hit the forums & ask questions.

With close to 1M members there is sure to be somebody who has an expertise in whatever it is that your doing so don't be afraid to hit the forums & ask questions.

Thanks in advance for any expertise/advise you can offer to help go from thinking about it... to doing it!  

This will lead to prices dropping in the short term and housing will become even  more unaffordable in the mid to long term  since higher interest rates will affect the construction sector the most.Over all I feel that if you buy smart (or even buy dumb but can afford the carrying cost) you will make a lot of money if you hold the property.

Use this site but recognize there is a range of expertise on this site and some people come across as being more of an expert than they are (I will indicate I have been involved in RE investing a long time and have never closed on close to 8 doors at once so that is quite a first purchase if it works out for you).I hope this works out for you. 

Hi Everyone,I am new to the Philadelphia area, however, am looking to get into the lower end renting sector of the city.