I feel your pain.

@Ali Boone  I feel your pain with the LA market.

I ran the numbers on the rental property calculator and it looks like I am going to be making around $750 a month in positive cashflow after the mortgage, insurance and taxes are paid.The downside is the realtor is a pain to get in touch with, there appears to be a leak in the 2nd floor bathroom, and the realtor is claiming there is a private owner that wants to get rid of the property, but when i check the tax records it shows that a real estate company owns the house.My questions are the following:- Is a deal that is too good to be true usually just that?

A DST investment can act as a relief valve by offering an alternative.

Secured some OPM at 10% and then got to work on the light demo myself (ripping out carpet and trim and doors, awesome stress relief to some Zeppelin) Once it was a shell and got some bids from some great local contractors, my mind started turning.

They are and can be great but if they have a problem its pretty hard to extricate yourself with out a lot of pain and usually costs..

They try so hard to sound American and blend in but it is painfully obvious.regareds,Chris

Most of them have central A/C but I found out that these are really pain in the neck and very expensive maintenance.

The biggest pain is making sure they are insured and bonded.

The Servicer has respond within 30 days of the request for relief.