If you're going to go there and rent for a year to test the area and see if you like it, you may as well house hack.

Originally posted by @Maya Roberts:@Vincent Plant, I recently started to use Burbz. 

Thus far I'm of a similar notion as Maya and Dylan in that you want to make sure that your screening is on-point, and honestly make sure you have your process in place as far as having them on ONE lease, move-in/move-out checklist process, and frequent check-ins.

Put a simple floor in and now you're removing old flooring and layers of it, who knows what it's made of, and now you may as well consider leveling any low spots and driving a thousand screws to get all the creaks out before you put the new one in.

May as well just get an LLC in your home state and register it as a foreign entity in all the locations you are doing business in.

Hi All,I have a plan/strategy that i am considering and i want a quick critique to make sure that none of it is fraud and that it is possible.My fiancee and i currently own (since may) a four unit building that we owner occupy (under both of our names with conventional loan) and i own an FHA condo that im selling (only in my name and is to close escrow in 2 weeks).I want my fiancee to purchase an FHA financed 2-4 unit by January of next year and move into it.

Cash flowing and 20% up in equity.Reit and Other 1) Fundrise: Around 50k invested in equity and debt investment funds2) Variable Annuity: 25k in vanguard reit index Allen,As a fellow Angelino, I suggest selling one or both of your condos and investing the proceeds in either A) a multifamily in an affordable, gentrifying neighborhood in LA (like Inglewood, San Pedro, West Adams, El Sereno, etc) or B) in an appreciation out-of-state market.I'm sure you have a lot of equity in those condos, and with your equity position up 100%, you may as well move on to new pastures with the funds in 2022.Best,Jon 

He may as well list it on the MLS at that point. 

@Chad Stubblefield Welcome Chad , you have may a great choice signing up for BP.

If I have to pay the $800 annual fee for doing business in Cali then I may as well keep it simple and incorporate here.