My parents have been very involved in the purchasing process- touring the property with me, etc.

file a complaint with whirlpool if you have a number of the same fridges maybe it helps.

Long term rentals are unattractive in CA imo especially since you can earn a lot more with different rental strategies even doing mid term rentals will still probably be more profitable than doing a long term rental.As far as hiring a contractor or bringing in subs for each item that will come down to how much you want to be involved, you'll save money finding and subbing out individual jobs but it will take you longer and you will need to manage everyone you hire and contract to do business with whereas a contractor will manage all that for you but there will be a premium put onto the price obviously for that. 

Get yourself in front of it first, you also completely ignored any risk factors(for reserves).And trust me, as someone who bought 40 + in one year, there's a ton more work and a ton, ton more capital involved.

Hence, no tax filing was done for rental income from this property yet.

Hey Joe, Having a large number of rental properties and installment sales can certainly make your tax return voluminous, but as long as you're maintaining accurate records, filing everything correctly, and reporting all income, the size of your return itself is not necessarily an audit trigger.

I don't want to use the classes/locations as it's not exactly good for tax filing on multiple LLCs. 

For entities formed after December 31, 2023 you have 90 days to file these reports and 30 days to file any changes to those BOI Reports.

I’m a beginning investor and am trying to wrap my head around the tax benefits involved with real estate.  

On ETSY you can also buy hundreds of digital files of abstract art in different color pallets for super cheap ($10-20), then have those printed onto whatever type of print and size you like with Shutterfly or any other digital printing service.