Love that you're so young and already have a goal to be successful in RE!

In California there is $800 franchise tax per LLC per year, which discourages a lot of RE investors from getting an LLC.

It should include the following First and last nameEmail addressPhone numbersocial media handlesNotesIn your notes section you will want to write in things like what the potential client is interested in, first and last time you corresponded with them and how you met them.

So you can sleep at night, consider having at least 2-4 month mortgage payments, taxes & insurance set  aside (in the event you unexpectedly have difficultly in the future finding the right tenant.)3.

Quote from @Dave Allen: I'm in a bit of a situationMy wife and her parents are selling a duplex they own together.My wife is trusting me to re invest into cash positive investments.We could stand to take as much as a quarter million, and tax free since we lived in the property 2 of the last 5 years.What are some suggestions for markets that would provide cashflow?

Whenever you hear something that sounds useful, WRITE IT DOWN.

If that happens during the spring, this is could be a devastating RE transactional year.

If you don't plan on allowing 4+ cats in your rental in the future you shouldn't start now.

A goal gives you direction, purpose, and excitement for the future.

They cancelled our contract for "being out of process in the processing of your future S8 tenant's paperwork".