I am looking at buying property out of state as I reside in California.

Generally, if you are out of a job, buying anything is not a good idea until you have that secured so you aren't burning income into a fire.

I'm going to buy things each month.

It's a good way to get to know a neighborhood because if you here that PMs don't want to manage there, I don't want to buy there.

Buying out of state is fine. 

I have flipped and developed many home but right now I'm focusing on buy and hold out of state (being in LA like you are it's the only way).

If that park is like most parks 90% of the people that work there won't be able to afford to buy a house anywhere close to the area, and honestly probably won't be able to afford apartment rent anywhere close to there.   

I entered into a contract to buy the land, and informed the note holder (seller) of the house I recently purchased that I would be substituting the lot as collateral in place of the house.  

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I feel like the answer is yes, especially if I can buy another rental property to add to the portfolio.