Since you're based in Los Angeles and looking for more budget-friendly markets, you might want to consider states like Arizona, Nevada, Texas, or the Midwest, which generally boast lower property values.

I got this screenshot from an email that I got today.For those of you that don't know, Lifestyles Unlimited is an investor "mentoring" group out of Texas that boast of worldwide membership.  

I could sell these assets today and BOAST of a high IRR and equity multiple not to mention receive about $1M in GP promote for doing so. 

5) Don't have to think about it or spend a bunch of time on it (I have yet to meet anyone who not only can boast the same time/gold ratio as me but be able to apply such tactics to nearly any conceivable market in WoW like I do, and I've read a lot of gold blogs)This is only possible in a high yield/consistent way with enough mass buildup of wealth and building a thick matrix in my head of the market (it happens automatically without conscious thought these days since I've been doing this for years).

We have priced the portfolio based on cash flow only, which boasts a healthy 9-10% leveraged cash on cash return year 1. 

I see properties for sale on Craigslist and they always boast of strong rental income, of course ;).

My stats improved when I changed my approach to attract only sellers of certain types of property-vacant and needing repair.I changed my methods of marketing once I observed that the things I was doing to attract deals just did not produce the correct result.Credibility and confidence closes deals.When I talk with the seller about the several rehabs I am doing(to not boast,but subtly work funny stories or even horror stories about my contractors naturally into my conversation) they know they are dealing with someone that will close the deal.Sellers are making the largest deal of their life and are afraid of making a mistake.

There is a coach that boasts a 33% response. 

So if an inexperienced sponsor boasts "conservative underwriting" because they pace rent growth at inflation instead of its current, above-average rate of growth, but then underestimates cap rate decompression by 50 or basis points -- well, that's not actually conservative underwriting.

Additionally, look into underrated coastal towns boasting hidden beaches, charming downtown areas, and authentic local experiences.