Just trying to talk out loud and I dont have alot of "like minded" people around.I agree that the house in Cali is an asset that has the most potential for future scale so it would be hard to get rid of unless there were better options out there.

It was cheap with minimal renovation, but I’m also using this property to build a solid team so my structure will  be strong enough for multifamily purchases in the near future 

The writer is predicting the future, based on current information.  

(A substantial drop in national savings rates from 4.4% to 0.9% raises alarms about future consumer spending capacity, especially as recession looms and job losses become prevalent.)

Will they lose their ability to deduct bonus depreciation against their regular 9-5 income for all future years?

No internet = no tenants a lot of the times...Ensure them you'll leave them a fair reference if any future landlords contact you about their tenancy.

Determine which units need work done to get them up to market rent, which tenants may be a future problem, and which units you can simply increase rents without major upgrades.Depending on where you are located, the size of the unit, etc. you may be able to get up to $1,800/month in Bridgeport for a 2-bedroom.

Hey David,Unfortunately, this is something that you as the owner would be responsible for.I am almost 100% sure that nothing in your PM Agreement will state anything regarding this.I hope that they can get them out quickly.I would ensure for the future that the PM company is securing the property correctly.Was this a forced entry?

Keep a close eye on local markets in emerging areas around Los Angeles, where property values are likely to appreciate making future investments easier as you build equity.Let me know if you’d like financing help or need more tips along the way.Best,Drago

My goal is to acquire cash flow to help relieve some financial burden and increase options for future buy-and-hold investing.