California does not recognize Real Estate Professional (REP) status, but you can still claim it on your federal taxes if you qualify.

A lawyer might be able to answer this better, but most rentals fall under fair housing laws (there are exceptions) and that protects against discrimination based on familial status which means children or someone who is pregnant.

Be sure to hold a hefty reserve to handle on-going maintenance, capex, taxes, and insurance.

Quote from @Zara Massoud: Your new PM is correct and the old ones were wrong.The property manager must have your social security or tax ID number on file.

Yes, you will have to file the partnership tax return.

I used to live in the city and the taxes and water bills are nightmares.

It’s definitely smart to evaluate the tax and cost implications of your funding options.

They will have better recommendations for any title companies or lawyers there.

(As AZ and your current state will fight over who gets to tax your gains with the federal government.)I have to throw most of the shade on your horrible tax guy/cpa who didn’t tell you renting it out was a $50-$100k mistake. 

Tax liens2.