As far as price point, this will depend on the market of course, but I am looking around $200k-$450k right now.

Many of them struggle to relinquish control and delegate tasks to specialists who are better suited for those specific jobs.

@Chris RagerFor multi-member LLCs (and depending on the size of the project), you may want to work with a specialist for the operating agreement.

Of course I want to minimize as much of the inconveniences possible with such a situation but some is inevitable. 

And now you have access to me and my people (and of course you can meet your own people)! 

Came across Robuilt’s Black Friday offering for his Comping Course Black Friday deal.

And of course the appreciation can come a few ways if rents really rocket up.. but most rents in low value assets stay pretty stable and or there is major re gentrification like we experienced in Charleston SC . 

If it's a recurring issue about heat complaints and late rent, your best course of action would be to find a new tenant.

Should have been discussed of course. 

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.