I would say that I had the same thoughts about the industry before I started to look at it a little more closely.

How do you manage it all without losing the authenticity of those connections?

I know a lender that can help with both states that does investment lending for very cheap, it would be worth a connection as you look to build out your team no matter what you decide.

If you're still looking for a CPA/Tax Strategist in California feel free connect.

Are you able to close the transaction (have enough money (and/or credit) ?

.🔹 Step 21 & 23: Plumbing & Electrical (Inside Walls & Ceilings)Before you close up the walls, make sure all the important stuff is squared away:✅ Plumbing – Replace any old, leaky pipes, move fixtures if needed, and double-check water pressure.✅ Electrical – Upgrade outdated wiring, install new outlets, and make sure the panel can handle modern appliances.Heads up: If you’re not a pro, hire one for this stage.

After it closes, if he then gifts you back the profits, now that could be a second gift from him to you. 

We used a HELOC on our primary to purchase and begin renovations on a duplex nearby, and just this month closed on a fourplex that has a couple units rented, and a couple that need full demo/flip (which is now in progress).I'm taking some big swings and really having a blast doing it.

These two loan types are among the few exceptions that permit closing directly in the name of an LLC.Most of my clients initially take title in their own name, then later transfer the property into an LLC or land trust for asset protection or tax benefits.

That can be a tough part, but isn't close to half of the process.