I live in LA and own some multi units out of state and am more into rehabs in LA county. 

Most areas in LA county are pretty hot.

I’m from San Diego and went to school in LA.

Plus, houses are much cheaper in Pennsylvania than in LA. 

By the way, I am from LA and I am a duel citizen (US and RF).If this journey looks confusing to you- sorry - i had to do decisions sometimes not based on my best interest but for the interest of my family.

Maybe you posted the answer but I'm curious why you insist in on "being unemployed and homeless" in LA while there are plenty of job opportunities in other parts of the country where the housing costs are not as ridiculous as where you are?

http://www.scpr.org/news/2016/04/15/59666/airbnb-site-and-hosts-could-be-fined-under-la-plan/Any one saw it?

The top 3 cities for total returns (sfrs) in the nation since 2000 are LA, SF and SD.

Very last thing you do is record the mylars and final plat. and wa la you have lots to build on .Are you thinking its Pre plat approved.. very common to sell at pre plat approvals.. then you have conditions attached to those that if you meet them you can go to final plat if you can't meet them your stuck..

If appreciation is your game, buy closer to the centers like LA, OC, or SD.Average cash flow per door would depend on your financing situation.