Hope this helps for now, and great to hear you are paying attention to your hard earned retirement funds with such care and discipline! 

Hello all - Long story but any help would be much appreciated.• I purchased a small 1B/1Ba condominium in a high rise building in 2004 for personal use.• In 2010, I moved out and decided to put in in service as a rental unit.• I was able to keep it well occupied and leased throughout 2024.• I sold the condo unit in late 2024 for a nominal profit.That brings us to today. 

Welcome to BP and I'd love to help answer some of your questions.1.

Good luck and I hope this helps! 

I appreciate your help and input. 

Market being hot helped and no permits to deal.

It kind of reminds me of the analogy of driving across town to save a few pennies on gas (which I instinctively would do :).Thanks for taking the time to share your thoughts- it's super helpful.

One year ago, I was hired to help a landlord whose tenant had stopped paying.

It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.

Quote from @Karin Recalde: Yes, my agent sure didn’t help me.