The most difficult task I foresee for myself is just finding a tenant, screening, showings, and placing the tenant in the home as I'll be living about 1.5 hours away (2+ hours pending the Los Angeles traffic) and work a full time job.

Start contacting potential clients decide how you can provide value when you don't have much experience in CRE. ( I foresee a lot of free work)

If you have to replace a section of pipe in the future, it is extremely difficult since the epoxy material used cannot take the heat from soldering the new replacement pipe on the existing pipe.Hope this helps!

Inventory is limited so it's been a bit more difficult to find what I want.

Thankfully those days are past us and now when I hear about a client selling a property I know we'll do business again sooner than later. 

Agreed, if they did have that money sitting around 9 of 10 times they would not want to give to the lender they would prefer to keep it based on their difficult financial situation.

@Julian Pilate-Hutcherson We work almost exclusively with OOS investors and it's a mixed bag...I sold 3 MF properties this month to folks that have never been to the state...and I have another set of clients that have been in the market for months and make routine visits to the city...I think it has a lot to do with comfort-level...truth told, we can leverage technology and get every possible detail on the table for review to make a pretty informed buy/pass decision...combined with an inspection and appraisal, there is really no need to be here in person looking at deals....

I just had a client do a 10/30 for 7%, that's probably the high point.  

If you don't fit either of those boxes, you will find it difficult to get your loan done.  

It pays the bills but it’s difficult to establish wealth with this career.