I am very interested on starting to but rental properties but my issue is that in any way that I see it seems that I am going to lose money if I but  property in CA(mainly looked in san diego and orange county).for example a 2 bed room house is around 400K and above. even the foreclosures are around 370K and above. with the down payment the mortgage only by itself is going to be around 2100. without the HOA fees and other fees . the house can be rented out around 2400. and based on the 50% rule i am going to be way behind and going to loose money. no matter how I see it , it seems losing money . can any one please give me ideas how to make sense out of buying a rental in California please ?

My names Mason and 25 from the Los Angeles and Orange County, CA area.

There are several local meet-ups in Orange County that you can meet with like minded investors. 

Wishing you a Happy and fruitful new year.

Can anybody recommend a lawyer in the Long Beach Orange County area? 

This is a great strategy for many people in expensive markets like what we have here in Orange County, CA.

@Justin Silverioin our area the maps of the designated areas are with the building dept but I am not sure how current they are.For 20 years we owned land with a Barn on it & I only discovered it was being designated wetlands when a old tree hugger type appeared on the property tying orange ribbons on the trees.

My girlfriend's family is in Orange County and I know of a few real estate investors in the area that could perhaps benefit from your services.

I think that could be quite fruitful for you.

My name is Andrew, I just moved to Orange County California from Nebraska about a month ago, I am a personal trainer and nutritionist looking to supplement my income for my future to open my own fitness studio.