I've been trying to find a good buy in Fountain Square since February, but the one's I like are all overpriced, or are snapped up more quickly than I can arrange financing.I'm also interested in Irvington, Emerson Heights, Little Flower (thanks to the 10th Street redevelopment org), and parts of Crown Hill.  

I am in the Kansas City Metro area so I will be doing a lot of business in Kansas and Missouri.If not lease purchase & selling on terms...a good Real Estate attorney in the Kansas City area that you could recommend would be a big help! 

Hi Thien,I’m also from the Bay and work in the city.

Within the next 5 or so years I would have the opportunity to relocate to a new city for my job, so I am thinking this would be a good way to begin gaining equity in real estate, live with friends while I'm still relatively young, and have their rent payment help pay off my mortgage.Sorry for the long post, hope that it is at least comprehensible.

I have a long list of potential cities, but am having a difficult time narrowing that list down using any sort of consistent standards.

I'm also from the city trying to look at other markets to start as well.

However, it did not help me to actually get my first deal, because I had the theory and not the street smarts.That's where a mentor comes in, a mentor can help you make the first step and make it a good one.

Pretty much everyone in my area charges 10%, especially for a small portfolio.On another note, I love Peachtree City.

having spent a decade in the timber business in Oregon I call it Oregon porch time.. these are not inner city dwellers these are folks that you need to sit with and talk  have coffee and build reporte'if the homes are nice and clean and saleable probably tough to buy under market unless your good at looking someone straight in the face and telling them their 300k home is only worth 200k.. that is a moral issue.Also be aware that you CANNOT legally sell a home you are not in title to in Oregon.. its selling real estate with out license and don't listen to all the people from all over the country that wholesale.. many states its an accepted practice in Oregon it is not.Also if your flipping homes IE coming into title you also need a developers license in Oregon  talk to @Karen Margrave she just got an education on this.. the state is cracking down on flippers.. its a 5k fine.. usually 1k first time. 

How would you do this in a big city like LA.?