W R O N G.

Quote from @Bruce K Ng: So I'm looking at a commercial property in Los Angeles county and this area has rent control in place The property is a 5 unit, and they are all 1/1's.

I lived in Minot for 3 l-o-n-g winters when my hubby was stationed there.  

Hi, @Trung Hong.

@Rich Ng has some good advice and that's really the best you can do at this time since investors are snapping properties left and right and the very good ones are rarely available!

Never seen one  If our area there are a lot of the 30,000 houses, most of the 20k-30k houses are bought by local landlords, or investors and as to the out of state guys for 40-60 and they try and manage them for a few years and then try and  sell them after they get fed up tryi ng to manage them from a distance, most management companies do not like to manage that price range of properties and the tenants they typically draw. 

By far my biggest concern is the difficulty of managing properties from such a l-o-n-g distance.

Originally posted by @James Ng: nice shortcut that I can do in my head x50Yeah I thought the same thing.

@Crystal Ng, I currently invest in Vegas and I'm also from California about 30 mins from Modesto.

I'm looking for something that could be beneficial in helping)ng him further his business and end goal which is to build enough cash flow to quit his job and doing the real estate investing full time (typical BP goal right :) )He normally does flips and has some buy and holds.