I take care of renovation out of my pocket and we split profits. 

The lawyer usually also takes care of all of the coordination and coaching the new HOA in the first year.

"Ready" is a subjective term, but you can hang out on these forums, meeting agents, lenders, other investors, and anybody else you care to talk with for 1,000 hours.

Otherwise, you will hear excuse after excuse and the next thing you know, they haven't paid squat in 3-6 months - or longer if you let them.Starting the eviction process right away tells the tenant they have a deadline.By the way, if the 2 rommates are not getting along and NOT taking care of the rental, then let them out of their lease early.

I told the guy above me about it and he didn't really seem to care (he was a jabroni). 

Secondly, insurance does not care if it is cold.

Let’s say rates were 3% like 3 years ago, I still would not recommend the referenced sample for OOS Ca RE investor.  

While it requires careful consideration, delving into these alternatives can pave the way for successful investments.

The seller took care of these before closing.

I can only speak from a lender's perspective, but we're going to want to see some "skin in the game" from the borrower.