Joshua Hawley , welcome to BP.I’m in L.A too and an L.A native that has lived all over the city currently in the SFV.

https://www.cbsnews.com/media/americas-top-10-tech-cities-arent-on-the-coasts/4/Phoenix - #3 Market for Tech Job GrowthOne-year tech job growth: 188 percentMedian early career pay: $58,400Median midcareer pay: $96,800I'm friends with the CEO of a major start-up firm out here and all he talks about is the tech growth in downtown Phoenix.

Silicone valley obviously increased a lot already in last 5 years, and it should be one of the most expensive city in among the US.

Too much competition.Get a list from the city or county of housing court violations and youwill find highly motivated owners.

@Ali Boone Cheers - not sure of my budget just yet; I'm used to having done traditional lending through banks and don't have much experience cash-out refinancing yet, but currently reading up on all that stuff and exploring options.I'm actually from Charlotte originally so I would feel a little more comfortable investing in the city....I think for OOS I would prefer something more turnkey at first unless I was very confident that I had good contacts (contractor) "on the ground."

I'm new investor from los angeles ca (alhambra) in need to start my first deal on a multifamily home, but it seams very hard to find any cash flow propertys. specially when i only have a 3.5 % down on a first time buying program, where can i find the right city to start some cash flow from day 1. i need some help and advice thank you.

Thinking about starting with Georgia, but open to any other state with cities that have price-to-rent ratios of 20% or higher, turnkey median home price ~$225k, and where the pre-licensing real estate courses are available online. 

It really is a beautiful spot overlooking the bay and city. 

I've lived in this city since I was born, know the area well and have numerous connections, so I feel like I'm set up to start off as well as anyone else would be.At the end of the day, I also realize I'm not stuck at the first brokerage I choose and could always switch if one place is not working out as expected.

You may want to explore some incentives offered by cities/counties and even lenders when dealing with this type of project.