Personally, I think most agents fail because they lack an environment to work within that actually wants them to be successful (no where to go and actually work if they want to work or learn the business).

This lending environment is local so just ignore people from 1500 miles away when they tell you what a local lender will do.

You might be surprised at the amount of tax professionals who operate in a virtual environment!

I've been ruminating over the low rate environment recently and whether to refi one or more of my long-term rentals, but I just struggled visualizing the full gamut of financial impacts, e.g. loan cost inefficiency, 30yrs vs 15yrs mortgages, maximizing cash flows vs cash-outs, tax positions, etc.

Needless to say, that killed the deal.So yes, in today's environment you need some value add strategy if you expect to have some net positive cash flow at the end.

The current environment is shifting again. 

I try to minimize what I surround myself with so I can really enjoy my environment.

Tricky with current interest rate environment, as a refinance makes no sense rn.

I understand that at a minimum, I HAVE to register in CA since that's where the property is, but the lawyer is indicating that NV's a friendlier environment for Landlords so I should register in NV and just "do business" in CA.My questions are:  Is there a material benefit to registering in NV and then also CA? 

BUT, RE cap rates are remain compressed despite being in arguably a major recession, I worry about their sustainability long term especially when the interest rate environment changes.