Any LA Small Multi-Family Deals with Positive Cash Flow in 2018?

[Josh Howard]

Is it possible to find any positive cash flow properties in LA during this hot market? My goal would be to purchase a triplex/quadplex in the next 2 years using FHA and house hacking, but with such a low down payment, I can't find ANYTHING in the majority of LA county that could even remotely be positive cash flow. How is it possible to invest in a climate like this without finding that needle in a haystack?

[Jeffrey Almonte]

I wasn't able to find any small multifamily deals in LA that would cashflow. It would be a money pit for me, and I would have to hope for appreciation to make it profitable. That's not for me though.

I started looking out of state and got a 40-unit under contract for the price of a multifamily in LA. I'm sticking to out of state multifamily investing until I can find something that makes sense in LA.