Condo a bit different - 7% note, but we furnished it for a MTR, and tenant is excellent and deciding to stay longer.

I'm trying to be cost effective in trying to decide whether to invest in Deal Machine and/or the Cash Buyer Data Feed by "Cam" Dunlap if I'm doing D4D.

I'm struggling a little bit on deciding the best agreement to make sure I can get some cash flow, payback the HELOC, and not drive the new mortgage up too much with the Refi out of the HELOC.

Sacramento is decidedly NOT the land of GSW!

Most renters cannot (or will not) take proper care of a pool.So...if you decide to go for a pool property, make sure you have it maintained...and charge it to the tenant.

One was purchased a  few years ago by an out-of-state owner who has decided to sell and has doubled in value.

Any tips on managing joint ownership or deciding to hold or sell would be greatly appreciated. 

Like you, I focus on the sell side but decided to try the buy side with BP lead generation. 

The short version is that you must have a  Private Placement Memorandum (PPM) to show your investors and you must decide upfront if you will only accept accredited investors or if you will allow investment from non-accredited investors.  

.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.