Just be mindful of the following things when it comes to California.California does not recognize Bonus DepreciationCalifornia does not recognize real estate professional status.Therefore, you can potentially reduce your Federal taxes but not your California taxes.

They are designed particularly with mother-in-law or next generational living in mind.

@John Reagan Johnson hope you don't mind a PMC answering, but most of our clients hire us because:1) They live out of state and don't have time & expertise to remote manage2) They don't have the time to manage3) They don't feel they have the necessary expertise and/or don't want to risk learning as they go and making an expensive mistake.Go read Kiosaki's Cash Flow Quadrant book.

I also hope to continue to grow my network and meet other like minded individuals and mentors to help advance my investing business.Cheers!

What do you have in mind? 

We also love podcasts so if any specific episode of the BP shows come to mind let me know! 

Hello BP community,It's nice to see so many discussions from like minded people!

I'm a note buyer and would love to connect with like-minded people. 

Keep in mind you'll generally need 20-30 days to refinance! 

I had 2 or 3 called.Now again keep in mind I had zero interest in holding these as rentals and I ONLY bought homes that had significant equity for me.. mainly all pre foreclosures..