Since 2000, 2.36% annual appreciation.  

How do you all handle annual increases to adjust for taxes and potential insurance hikes and would you have them sign a new MTM agreement or add an addendum? 

When the wolf is at the door looking to bite you with your required daily activities and life's problems, you will need to switch gears like a race car driver really fast and deal with those problems- taking whatever time it takes to make them right.

Do you know if an out of state LLC applies for a foreign qualification to do business in CA, do they need to pay the $800 annual fee to CA each year?

Rent is $1,000 per unit, per month, properties appreciate 5% annually. 10 years go by: Plan Ramsey, you got $120k in gross rents but as it's all taxable you were left with just $80k of that and $162,889.00 in equity.   

How much is your annual spend on 3rd party software and apps?

A small fee and possible annual inspections .

Ultimately, setting up and maintaining an LLC comes with annual administrative costs so another thing to consider is if your cash flow is ready to support these additional costs. 

Excellent credit score (795), personal guarantee I make 115k annually from my 9-5, no collateral at the moment.

What if you're a cardiologist with no debt and making $250,000 annually?