I think they hold all loans in house so could potentially be more creative.  

With how ridiculous property management costs are I would rather keep it close to home and self-manage.

What services are offered to have a real address for mail and potentially mail forwarding. 

I’m in Florida, but know enough to tell you that California is cost prohibitive, so yes it is a tough market.  

I am seeing a lot of new homes near Downtown that are good for the price and have great potential but they are in older neighborhoods.

A real estate agent will have access to the multiple listing service (MLS), which gives you a list of low-cost properties, such as foreclosures and short sales.Find your target marketTo find a potential house to flip, one of your first moves is to find your target market.

If they feel you can't cater to their schedule or timelines, it'll be impossible to take them from potential to true clients. 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

The cost and time to move (even a few doors down) is not trivial.  

Via full cost effective rehab What was the outcome?