I personally know the multifamily wealth nation team and I can vouch for them.

My underwriting at that rent ratio would depict large negative cash flow.This likely is why my underwriting shows Florida units to not work while your underwriting somehow depicts this as producing a 25% COC.  

In San Diego the typical SFH investor purchase rent ratio is closer to 0.5% than what you depict and has not gotten worse at the same rate as you indicate for LA (it was not much better than 0.5% 15 years ago), but has gotten worse.  

When you do this for each item, your sustained expenses will result in this being cash negative.Purchase price if $175k depicts an appreciation rate lower than inflation.I do not see a profit that justifies the risk and effort of residential RE.  

There is bear hunting season, but only in national forests, not national parks.   

Commercial real estate markets are showing signs of stabilization as CBRE’s latest survey reveals most investors believe cap rates have peaked. Despite Treasury yield volatility throughout 2024, cap rates remained ste...

Quote from @Joseph Tubbs: National institutional investors have begun showing increased interest in Alabama markets, particularly Birmingham and Huntsville, following their saturation in larger Southeastern markets.

Do I need to reach out to national vendors myself? 

Hello @Mat Garcia,While there may be population declines at national levels, local factors have a much bigger impact on RE.

I've known National Real Estate Insurance Group (NREIG) to insure land trust setups like this in the past, so you may want to check with them!