You didn't ask general opinions about whether you should form an LLC or not, but in case that's still in question, here's why I didn't go the LLC route (I also live in CA)-https://www.biggerpockets.com/blog/2013/08/17/rent...Hope that helps.

Navigating this path starts with educating yourself in how to communicate to the right partner for your venture.Let me hear you thoughts.See the original at: https://www.biggerpockets.com/blog/find-investors-capital-raise/

You may be able to get a HELOC that gets you up to 90% LTV, but your cash flow needs to account for the second mortgage payment.Here's a blog article with some thoughts on general rules for quick calculations:https://www.biggerpockets.com/blog/2015/09/02/real...2.

I wrote a Bigger Pocket blog on this very topic, You can find it herehttps://www.biggerpockets.com/member-blogs/3992/83758-is-it-still-a-good-time-to-invest-in-real-estate

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

Here's an article where I compared both options:https://www.biggerpockets.com/blog/buy-rehab-turnk...There's no right or wrong answer, it's completely dependent on each investor what they want, their skills, etc.There's trade-offs for buying the turnkeys at retail price-- that isn't just for nothing.

Here's an article that may give you some help making your decision....I haven't read it, just stumbled across it the other day. https://vitalius.com/blog/article/2019/3/21/vitalius-real-estate-group-releases-annual-portland-condo-report/

https://www.moco-inc.com/blog/wa-state-source-of-income-law-effective-sept-30/

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

I write a blog about real estate investing as a pharmacist and I want to tell more stories from our little niche.