Finding deals outside of California can definitely open up new opportunities, especially given the cost of living and market dynamics in the state.When looking for properties in other states, consider focusing on areas with strong rental demand, economic growth, and population increase.

.$8,000 would likely go away in closing costs.

The reason being they see no benefit and they do not understand it. 

@Vince Scipione  This is very solid advice to keep it separate and I agree with you, the only reason I was even thinking of it was to help me raise the initial funds for my first investment.

.✅ This avoids wasting time screening unqualified tenants.3) Before Lease Signing (Final Step)✅ Run the background check before approving the tenant, so you can verify:Credit history & income stability Eviction & rental historyCriminal background (if applicable in your state)Final ThoughtThe best time is after the showing but before lease approval—this ensures you’re only screening serious applicants while minimizing wasted time and costs.

Time and practice will still teach you as you do deals but it will help you understand what things costs for the size of the property 

Our goal is to be able to use either some type of software or spreadsheets to continue to build off of and help dial in our costs as we begin to hire more contractors for our team.

Your net gain is your net sale, minus your adjust cost basis.

Structuring my investments to take full advantage of bonus depreciation and tax loopholes.Using cost segregation studies to maximize tax deductions on real estate.It’s highly likely 100% bonus depreciation will be restored and be retroactive to the previous few years.So I’ll be advising high-net-worth investors on how to legally keep more of their money.#4 Investing in bitcoin and crypto.

It sounds like you would make them available at an additional cost?