RE is really a small business and the number 1 reason that small business's fail is lack of proper capitalization..

One thing to consider is that in terms of wealth building and Kiyosaki's Cashflow Quadrant, owing a rental and doing work yourself is putting you in the self-employed quadrant, not Business Owner or Investor.I think there are a lot of factors stacked against California for long term rentals, and I think you know it too! 

I currently have a lawn care business that I run myself.   

yes, its a people business.

You're a business owner now nothing wrong with that.   

Here are some top amenities that have proven to offer excellent ROI:High-Speed Wi-Fi: This is essential for both leisure and business travelers, especially in today’s remote work culture.

And while I agree that debt is often the cheapest form of capital, if you are looking at a project that involves some form of value-add business plan, you can always refi either when rates come down or you have increased the yield on the asset to exceed your interest rate.But like Stuart noted, for many groups, even the most seasoned syndicators, raising call cash for their deals is effectively impossible.  

Lee Arnold is by far one of the best people in the business.

I signed up for Baselane today after switching from Mercury for my business account (LLC).

You're running a business and want to just make money.