You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.Creating an LLC in California could cost you a minimum tax of $800 every year.

We have some good Turnkey providers here but that product never appealed to me due to the entry price, declining rent as the house deteriorates and there is no real exit strategy without taking a sizeable loss for the first 5-7 years in most cases. 

Then they use absolute garbage exterior wall sheathing, which provides zero stability and deteriorates over time.

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.Creating an LLC in California could cost you a minimum tax of $800 every year.

Next store was a 84 unit motel that was allowed to deteriorate to slum status, and was a drug den.  

It became very apparent in Q4 2023 as the market cap rates continued to deteriorate even more as pricing has not found a firm ground.

Depreciation is a tax deduction that reflects the costs of wear and tear, deterioration, or obsolescence of the property.

In my opinion too strong ambition is equal to too much stress, I still need to start sleep early at 8:30pm, I tell my boss if I were in your position, I can't sleep, and his health is very deteriorating, it's not worthed I guess depends on one ambition.b) How Real estate can affect health, in other thread I told one time that I have to fight squatter, this is the biggest stress in my life, because of this I would not invest in certain area.c) However, once I invested in Hawaii, my stress level went to zero LOL.

Obviously you don't want to kick step-father out just because he needs to stay in a rehab facility for a month or two after a hip replacement; but at the same time, this guy was never going to be able to live on his own again (and he had let the property deteriorate to a state that made it uninhabitable) and it took a lot of unneccesary time and money to work towards resolution.

The building was in terrible condition and deteriorating daily.