Just listened to an interesting episode of the Bigger Pockets podcast with @josepha and it got me thinking about investing in a section 8 rental properties in more expensive markets, particularly my hometown Los Angeles.

Hello BP community,I am relatively new to RE investing and my second rental is currently on the market.

Asking 240k for the property, but plan to up the asking price to 250k if/when they put it on the market this summer.

Two of the homes are over 25yrs old, and offer the upside potential to renovate and increase rents to market once the current tenants move.Question to this community is, are there any recommendations for lenders in this deal size and in this area?

I'm not talking about the housing market, I'm talking literally, it's hot outside.

Brooksville's growing market further enhanced its appeal.

Smells of cooking or smoking are likely to do so as well.Having said all of the above, the flats I'm familiar with have rented reasonably well at market rents.

but again, recent changes in the market have made cash flow much tougher just about everywhere.i don't invest in Florida myself but I'd pick a couple markets, go to each one in person, and look at as many places as you can. 

A higher cap rate indicates a better investment, as it means the property is generating more income relative to its cost.Our findings suggest that Reno is a good market for real estate investors, as it offers the potential for strong cash flow returns.

@Henry ZhuI am not familiar with that market, but check out furnished finder for stats on your market!