@Charles HsiehThere are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

If so, we can use the degree as 2 years work history and the offer letter from your new job will suffice. 

Or does one suffice. 

@Alex U.There are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

@Lisa W.There are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

@Austin Cai Generally, a standardized lease agreement such as one from CAR (California Association of Realtors), or for Oakland in particular (from the East Bay Rental Housing Association) should suffice.

so the biggest advantage of direct real estate investing is by using leverage, and leverage has exponential result if you buy multiple properties, this is the secret why I could payoff 30YFRM in less than 9 years, what you do is correct, try not to sell at least until it reached year 8, because by that time the appreciation and the equity building  would suffice enough to payoff other house --completely-- without you doing anything else. 

@Kirsten WrightThere are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

I am either looking for someone to either point me in the right direction of an accountant to do my taxes for this year and for the future or to tell me if turbo-tax will suffice for what I need.About me -I own (1) SFR that I purchased using an FHA loan 5 years ago and began renting out last September, this will be my second full year of rental income.

Silly me, I thought that a tax return and the leases of the last, vacating (fleeing) tenants would suffice, but no.