Also you will greatly improve cash flows and now you will have 2 CA properties from one. makes as much sense as splitting a unibrow into 2 eyebrows lol3.

Because of the relationship I have with the contractors I use, there is no material mark up when they source the material.Basically there is not an issue.The CSLB law on prohibition of T&M residential home improvement contracts has been around a long time.

My plan for this year is improve my credit, get my real estate license (to increase my income on top of my W-2), possibly career transition into the property management space (to learn more), and save as much as possible and learn as much as I can.I’d love to house hack close to home but my area is so expensive it seems like it’d be close to impossible. 

If the IP addresses are the same for each signee, then there is a chance that the same person signed. 

Getting an LLC in place from the start can provide peace of mind and give you a chance to familiarize yourself with the process before expanding your portfolio.

You can probably find some around DFW in some of the outer cities for around $250,000, so 1031 the ones with the most equity into more properties with chances for more appreciation.One thing I would suggest is not to buy NEW from the big production builders. 

What I'm aiming for are turnkey rentals and trying to max out the amount of conventional, lower interest loans. again, the DTI income ratio will be IMPROVED if the property shows cash flow.

It's a more affordable market and lower property taxes, so you may actually have a chance to cash flow.

You'll want to print and save the SS-4 Letter that you'll have the chance to download at the end of that process.

It's a great way to showcase the improvements made and helps appraisers not miss stuff.