This site is an amazing resource for you to have on your journey.

I'd look at the pricing on one of the sites and then correlate that with your purchase price.

@Aaron L.i would go with Strategy 2 to build an out of state protfolio and continue to rent till you get a fair deal in LA.You should get a prop mgr who can vet the OOS property for you as well.lot of investors do take the turnkey route with build in prop mgt. ( Do check the turnkey reviews websites. lot of them are marketeers and not an actual turnkey company)you can also buy off MLS or wholesalers as long as you have a prop mgt co selected in your cash flow market.Best of Luck

BillWelcome to the site Bill. 

The 80 yr old owner had a bad property manager on site, he cleaned every tenant out and started over with 15 new tenants, with only 4 available units, and slowly working on the rest. 

Go to the Washington Landlords association website.

Also, since you just relocated to the area, consider finding local REI clubs via Meetup website and start attending them to network with other RE investors.Good luck!

I'd look on Realtor.com and some other sites, and see what offices seem to have a lot of the listings.

Hey BP, so glad I was able to come across this website.

Hi, I just started using the real estate site Hubzu and need advice and hopefully some explanation to how they operate.