That's what will hang you up wherever you are.Having written screening criteria that applies to everybody with a standard income requirement will probably take care of this. 

While I reside in LA, I am targeting markets with apartment owners out of state. BP community, any suggestions as to where or how to find such online communities ?  Thanks so much !

I can't install tubs, I can't repair drywall, hell I can barely hang a mirror...so being realistic in costs (and it turns out I should be more realistic) is key.Because our rents went up $50 each unit, I am directing most of that to an increased CAPEX/maintenance budget for 2020.

I know everything's a little different with the work involved on the properties but I'm curious more than anything.I'm hanging on to the duplex I just purchased but for the next property I purchase, BRRRR'ing is what I'm looking to do at that point unless I find another buy and hold deal that's too good to pass up. 

Is he a broker and you are hanging your license with him?

Since your broker is accountable for your actions they may tell you to find a different place to hang your license if that happens.

When I coach young agents, sooner or later they ask me about working with investors, because it seems like low hanging fruit to them.

The newbie should have become educated by reading spend some money on their education, hanging with investors that are doing it but I would find a way to vet the people who come to town and boast a lot.... typically run from them.

Again, you need a place to have a plan but those are the "low hanging fruit" Obviously avoid anything that needs major plumbing or electrical.   

That first investment may be one of the best of your career, so hang on to it as long as you can.