Or better to pony up the dough and skip the extra red tape / oversight?

I understand there are some hoops you need to jump through and some red tape to cut through, I wanted to see how I can best prepare myself for this type of business in California.

If you've asked for information and they haven't supplied it that's an obvious red flag.

Hi @Mysonne Johnson . . . due to the root definition of investing that answer is obviously Buyer's Market.  

West Adams is RED HOT right now.

This is when I knew I was analyzing plenty of deals because I no longer had to put in the calculator and could "red light" or "green light" a deal as soon as I looked at it.

Maybe you are referring to a local Los Angeles Rent Control legislation.Thanks Yes, it's LA RSO.Here's a reference: http://hcidladev.lacity.org/rs...Click the little red arrow next to "Rent increases that do not require HCIDLA approval."

The market is red hot right now so if you are sitting on the market more than a week or so with now traffic or offers something is off.  

Offering cash up front is also a general red flag.. tactic of drug dealers and other awful tenants.Also right now you need to be super extra careful in screening.

We had an attempt.. we got an e mail from a Vendor that was fake saying they changed bank accounts and please send funds to our new account.. any one who changes accounts is a HUGE red flag..