My first MF I represented the buyer on I made 100k. for maybe a weeks worth of work. 3. if your going to be looking a more resi style duplex 4 plex a lot of those get listed and having access to the MLS is far superior to any other on line listing service ONE simply because you will be able to talk to the actual LIsting agent not someone paying for leads.And then of course having access to MLS lock box's and not relying on agents.. this is huge.Now if your maybe going to buy one property sometime in the future and you have no interest in learning the RE laws of your state or making any money with transactional real estate then sure.. its a pass.. although I would still recommend the pre license course so you learn the basics  the vocabulary and states unique laws.. knowledge is power in RE.

I recommend you call them today! 

I recommend establishing a reserve fund for major turnover expenses, capital repairs like a roof replacement, etc.

Additionally, I’m considering converting a garage into a bedroom.If I want to list these properties on Airbnb, I understand I’ll need to obtain the following:• BTR (Business Tax Receipt)• CU (Certificate of Use)For these, I’ll need to undergo a city inspection.

@Will ReedGet a second opinion from another company (one that just does cleaning and scoping not repairs as the companies that also do repairs tend to recommend repairs).

Quote from @Dani Murai: Any recommendations for a reputable general contractor that services the Torrance/Gardena area? 

However I wouldn't recommend this or wish ownership of these liabilities on my worst enemies. 

Start by setting up a proper business structure—an LLC or S-Corp—and obtaining an EIN.

Do you guys recommend inspections on the fireplace every year?

This is a two-way interview, so have a short list of questions to ask the mentor (What books do you recommend I read to gain a better understanding?