Quote from @Austin Wolff: I was curious, so I looked at 20 years of Zillow data.Growing up in Los Angeles, I always believed a saying that investors here seem to repeat: blue states appreciate more than red thanks to things like zoning restrictions and certain democratic policies (which is an entirely different topic I won't be delving on here).For anyone that didn't know, here is a map of each state's electoral voting history (for the previous 5 elections):Here is a heat map of 10-year price growth by state:At first glance, it appears the majority of states with the most growth were the "pandemic boom states" like Idaho, Nevada, Tennessee, Georgia, Utah, and Florida.

I was looking for more of a sense of probability of completion to purchase, since most people I know who do L/Os don't do much volume --so the stories are more anecdotal.

Appreciation will not be able to truly work if you have to sell in 2-3 years (you still may benefit in a hot market, though).Is this a million dollar house in Los Angeles?

If you are looking in Los Angeles, for information on a home, I really like Zimas.LACity.org.

I moved to miami florida to study the economics and help apply it and it was a capital market as well. if you don't live in a capital market like Chicago, New York, Austin Texas, Los Angeles, San Francisco, california or miami florida I'd recommend moving to a market like that too. it will change your life. 

For example for a while in Los Angeles new construction was counting the garages in the total square footage. 

Hi, my name is Josh and I'm a property manager in Los Angeles.

It is my belief that Los Angeles has large cash flow negative when using accurate expense estimates. 

Limited labor and resources : Unlike the catastrophic fires in Lahaina Hawaii there are significant resources in Los Angeles to contribute to recover, but quality contractors, tradesman, plumbers, electricians and laborers have long been in short supply.

I am in Los Angeles and investing in SE Wisconsin for the past few years.