ACCOUNTABILITY.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

I also intend to owner occupyI was thinking if there is a small studio or even a garage within the four plex ,that should cover the IRA part and the rent from that studio/garage can be accounted and deposited directly into the IRA account please advisethanksFollowing - I'm based in the Easy Bay.  

Account for any maintenance and repairs that might need to be addressed sooner rather than later.

They'll want all the normal stuff; bank account info, LES for several months, hard credit check, etc.

If there is still money left, I would set it in an account and study here on Bigger Pockets and get and education in stocks, options (i love options), notes and real estate.  

Taxes going up though, but as my accountant says...the good news is your assets and income are worth more this year.Did you ever buy a place in Oregan?

In some states it includes annual fees (like the 800usd for CA).Turnover has both minimal repairs and cleanup.

@Drew SygitTHANK you so much for the feedbakcBased on the information provided, the seller’s reported expenses include annual electric, gas, water, sewer, real estate taxes, and insurance costs.

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.