Also, cap rates are so low it's impossible to BRRRR.I have a big advantage in LA area because I have a contractor partner who can build at cost, however, I am wondering if there is any interesting markets 1-2 hours from Los Angeles that can be more realistic to start.Would love to start with a project under 1M.

Home builders are not building enough housing for variety of economic reasons.

You're paying for a brand new build (with high build prices) but people will associate the age/condition with the existing old/leaky structure.

Should I be contacting expired listings on the MLS, foreclosed listings, distressed sellers etc … Also does anyone have recommendations on how to build relationships with banks, credit unions, investor-friendly title companies, contractors, appraisers etc?

I’m looking to buy an apartment that has three bedrooms but not a whole building.

I would also like to learn about some other pain points you have been experiencing to help improve the product we are building. 

**Structural Concerns: Walls Not Level** - The walls on the left/rear side of the building were not level on the first and second floors.

I am looking for someone who can give me guidance on both my finances and ways to build my portfolio.

The constricted building, tech and manufacturing job growth with the Tesla factory and data centers, will drive demand, appreciation, and pricing up in the next few years.

Basically a Build-to-Rent if you are interested in the entitlement and development process.