Here's a guide that describes what good cash flow looks like and how to analyze a property.https://www.biggerpockets.com/blog/rental-property-cash-flow...

Not sure if you are wanting to move OOS or just invest OOS, but I would love to talk some more about it to see if there is any way I can help guide or answer questions for you.

I would charge them $5,000 with the ability for them to earn back $2,500 and I'd have a call with them every other week to guide them on how to find deals and money lenders and how to get the properties fixed up and get them refinanced, etc.

As an experienced agent working on the Cushman Homes team, I can help guide you through your own STR journey.

A few small touches, like high-quality linens and a welcome guide, can make a big difference. 

-Rent collection and financial management is probably not at the top of the list based on some of the challenges that we hear about, mainly because if you are lucky enough to have solid tenants and low vacancy, this is easy peasy, but if you have some challenging tenants that default on payments, or the possibility of an eviction arises, it can be worth paying a management company to help guide next steps. 

These are the primary factors that will guide your choice of market and the type of deals you'll pursue out of state.Investing out of state can be tricky.

Below are pictures of the infrared beam system that is our motion alarm. 

For your GA LLC, filing correctly is crucial since you're based in CA and may need to handle multi-state tax filings.A real estate tax accountant can guide you on deducting renovation costs (likely capitalized rather than expensed for a flip), managing depreciation for investment properties, and tracking expenses related to your flip.

Tools like the BiggerPockets calculator and books like The House Hacking Strategy can guide you further.