I build out a contractors file in Notes.

Guggenheim filed with the SEC to add $500m worth of Bitcoin to one its funds.

Instead I would just need to do the title search first, then once I pay the down payment file a memorandum for the amount I paid them, and then record the purchase and sale contract/land contract with the county so it's on record and clouds the title for extra protection.

@Natalie JohnstoneCalifornia is generally more cumbersome than other states when it comes to taxes and filings.

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

Give your interest statement to CPA when filing taxes for more write off. 

It appears TurboTax (downloaded version/Forms) doesn't have the capability to report an exchange of one residential rental for two residential rentals.I am entering this transaction myself through TurboTax, but I would appreciate feedback from the community on the correct forms that need to be filed.

We file jointly, but I want the investing to be my business in my name.

It's exceptionally rare for rent to not be paid, especially to the point of having to file an eviction. 

YUP I have bought a number of houses at court house steps were the owner said it will never go to sale as I have a buyer.. well buyer is wholesaler who has no money and they cant flip the contract and the poor owner loses their house no time to even file a BK and regroup.. wholesaling is a very sleazy business the way MOST folks do it.. thats why its starting to get attention from the states..