We only use deadbolts so residents can not lock themselves out.

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.

Investment Info:Single-family residence buy & hold investment.

Place good residents, make sure the block is nice (just not the street) and you should be fine.

I want the best professional who can save me the most money, someone who’s real and honest and doesn’t use too many big words.

We recently had an ESA Great Dane (with all the proper ESA documentation) that bit another resident. 

Currently we have about 135 tenants, not including parents who call/email me whenever they want due to having a bunch of needy, entitled honestly 22ish year olds.   

You can also HELOC your primary residence or RELOC the orange county property and transition that into cashflowing assets.

It depends on the lender but at a min they must follow TX SML or lending laws in the state in order to compliantly lend in TX, on whether choose to apply this guideline to all types of occupancies or transaction types (non owner investment, second homes/primary residences, etc)80-85LTV on rental properties is only on the purchase for fannie/freddie loans but on rate term refinances its max 80% and cash out max 75% for 1 unit and up to 70% for 2-4 unit cash out conventional.On HELOC's and rentals are up to 70-75% depending on the HELOC investor or product.Its good to distinguish between what the lenders are willing to do and for which product and also these loan products must abide my state law as well as an additiona layer of "overlays," on top as well (whichever is worst / most conservative).

To be honest the rental market right now is super slow.