NY & NYC aren’t as great of markets for wholesalers because they have some stricter laws surrounding disclosure and closing which make it a little more difficult to operate there.

Is it because the gas connection was turned off and this heater needs gas to operate?

I would like to find a city to invest in, visit it, build the core four, and buy 4 to 12-unit multifamily each year.

This new regulation aims to increase transparency in the real estate market and protect buyers from potential issues with recently renovated properties.As a fix and flip investor in California, I'm curious to know how this new legislation is affecting your strategies and operations.

It's an unnecessary expense to operate the business.

But best practices for Security Deposits (and last month's rent or other funds held in TRUST) is to keep it separate from your operating funds to avoid commingling and using funds for other than their intended purpose.

prior to purchasing the carwash I was part owner of a mobile auto detailing company that we operated out of a 2800sqft warehouse.

I would prefer to hire out the management side of the operation. 

What about buying already built, operating assets?  

It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.