finding value-add small multis near greater LA area
I'd like to look for value add small multifamily (anywhere from 2-12 units) near LA (within 0-2 hour drive). goal would be to buy, rehab, push rents, stabilize and refi after Y1. assuming i have access to cash and contractors what would be candidate neighborhoods for this sort of thing. everything is overpriced out here but I've read this can happen in san bernadino, or possibly bakersfield. i've found it's hard to do a deep dive into a vast area, so i want to target one or two small areas that are known to have a lot of deals taking place.