203k is appealing and can make magic happen, but in hot markets (LA in the summer...) the house and the situation of the seller really needs to be a perfect match.In general you don't go find a house to 203k, you go look for any old house, coincidentally find a house that happens to coincidentally be a perfect fit for 203k, and then you start talking about 203k stuff.Typical characteristics:Too crummy for cosmetic flipper types to want.Seller more motivated by sales price than by closing quickly. 

Thank you in advance 🙏🏽Aloha🤙🏽Laine

Thank you in advance 🙏🏽 Aloha🤙🏽 Laine

But I believe Chicago is one of most affordable / cheaper metro areas to live in compared to places like SF or LA in California as an example.

@Laine Furukawa I just sent you a text to connect. 

Hi Alex,I am coming out to LA in April to meet with one of my investors.

Thanks for the warm welcome and encouraging words @Brandon Leiser and @Christian Laines!

I just think that I will also have to consider getting some money out to invest elsewhere (outside LA) in order to start getting rental properties and cash flow.

I also think the CA market, LA in particular, is overpriced and is in line for a correction.

I'd appreciate any trusted recommendations.Mahalo in advance,Laine