There are still plenty of people making money on investments in CA.

Write it off, because collections are only successful about 30% of the time and that's usually against people with decent credit scores. 

Attend meetups and meet as many people in RE as you can.

Learn from people who know how to make money and be profitable. 

Without that you can be sued personally for any issue within it on your str.Its much harder for people to pierce the corporate vail and sue you personally if your property is owned and managed in a LLC .Financing is one of the only drawbacks as it is a commercial process and banks usually like to see 3 years of a decent tax return.We have 19 properties and all are in an LLC and in fact we only hold 2-4 properties in each LLC (all are owned by one parent company and done in one flow through parent company)to even further shield the liability that may/can occur on a property.There is no doubt you are exposed to higher risk on many fronts if an investment property is held personally.

Hey everyone I have a question and would like to get other people’s feedback.

In my only discussion with my broker, she mentioned that people had fought KCRAR before to gain MLS access... but she didn't think they were successful. 

So would you want to be in a market that will encourage home ownership of renters, or in a market where it will be tough for people to buy for the next 10 years or so or maybe forever?

Are there people you feel more comfortable with?

There are people here with extensive experience in the area.