The risk of "piercing the veil" applies more to LLCs when personal and business finances are not properly separated, not necessarily to individual landlords renting a portion of their home.A more practical approach is ensuring you have a solid lease agreement, sufficient liability insurance (including an umbrella policy), and properly reporting rental income and deductions on your tax return (Schedule E).

Everyone is trying to maximize earnings in this business. 

They keep different hours so be careful, however they were able to charge me $100 and get my series in place within several hours (stated as 24 business hours).I wish 1. 

I made a few thousand less than expected but I figure that's just the cost of doing business sometimes.Based on my experience I wouldn't let the remote possibility that a homeowner might go into greed mode dissuade you from doing these deals.

We both run our own businesses but we feel that real estate will help make sure we both maintain our life plans of not needed to work as much any more.

Looking to buy Business around Portland metro below $300k.

I don’t see anything wrong with endorsing a business that is great at what it does.

Most businesses, property management or not, fail due to the lack of sales, not due to the lack of systems and phone etiquette.

But 2025 offers other opportunities that did not exist 10 or even 5 years ago - think AI and online businesses.

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.