Fees are through the roof. 

Gifting equity in a house may be more trouble than it is worth if you are not near the life-time exclusion1) Potentially having to get the property appraised everytime an equity is gifted2) Having a title company update the title every time3) Exemption of the gift tax return is normally for cash gifts below the annual gift tax exclusion, you may still need to file if you gift non-cash4) If there is partial ownership over several years, having to properly pro-rate certain items such as real estate taxes, mortgage interest and rental income if the property is a rentalBest of luck 

CA has the highest sales tax rate in the country.

If any short term financing, risk adjust upwards another 2% points on the interest rate.3.  

When evaluating markets for rental properties, there are a lot of factors to consider: population growth, employment rates, rent to price ratio/GRM/Cap Rate, rent trends, vacancy rates, etc. 

He's created an army of loyal bots that do his bidding and he's probably made $60 million or more just in membership fees.

And that's if CA want's to flip the $300m/ $400m in legal fee's to keep fighting for it, for decades.    

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

What is the interest rate on the mortgage? 

But I did not like what I saw, anything under what Costar would rate 4 stars did not appeal to me.