I'm from CA and I decided to get started out of state (IN and OK) where pricing was more accessible.

@Jerome MorelosIt will be similar to what you sign with a bank, there will be a note (which is the iou which states how much you can borrow and at what terms and length)Then there will be a deed in trust (assuming California) which is a recorded document that uses the property as security.

I am located in California and they their office is in Utah.

CA and I want to invest out of state.

Hello all,I was looking at hiring someone to rent my property in Clovis, CA as a LTR.

FYI: My search criteria for Costar is - Multifasmily in Northern California.

I live in California and most likely won't be able to do much here because of expensive prices.

The homes had no working smoke detectors (Huge liability in CAlifornia), he was under valuing the rent by over $300 on 2 of the properties, and the lease was a 1/2 page long with no rules for the tenant to follow.  

Because you live in CA, I would also have an airtight agreement and probably not let them live in the property for more than 29 days or whatever the cutoff is for preventing right of tenancy. 

If you ever come to California and invest in the Sacramento area, I can certainly help you with that.