You are now a foreign entity doing business in CA since YOU run the business from there so Cali wants their $800 either way.So whether you need a REI tax pro is all open to interpretation.

Fast forward 20 years: I now have money in the bank, excellent credit, live modestly on my own, and run a business that’s doing well.Unfortunately, I wasn’t able to save much for retirement during most of my life.

Glad to see you are taking the time to run numbers first!

Everybody wants a home run on year 1 of their first deal which is why many never get started. 

. $130k your earnings are the long run are far different. 

However if you are doing it with a conventional loan, you will definitely run into underwriting issues if that is noted on the appraisal. 

If any one can recommend a good REI focused lawyer or a building engineer to do a building survey then please let me know! 

Hey, Jaycee, I've only been running it for a couple of months now since I closed but it's been doing about $6000/month in gross rents so far, this month will very likely be closer to $4500-ish since it's by far the worst month of the year for rentals in that area. 

What is the best way to find plumbers and handymen who work for themselves and would run over to deal with things, and perhaps have a key that they can use to get in if the tenant is not there?

Hi BiggerPockets community,I’m new to real estate investing and currently running a remote operation to help connect investors with distressed homeowners and foreclosed properties across various markets.