Out-of-state investing makes the most sense for me—it’s impossible to cash flow anywhere near me, and moving wouldn’t make sense because I wouldn’t be able to earn the same wages or find the same kind of jobs.Before this purchase, I already owned two properties: a long-term rental outside Houston, Texas, and a short-term rental in the Sierras in California.

For example in Southern California many apartments do not come with refrigerators.

Curious as to thoughts on building ADU’S for equity in LA / SoCal market.Search BP forums for appraisals associated with California ADU additions in single family zones.  

If the client is in CA the community property state laws may help here (not entirely sure) depending on when the property was acquired but it would be a great question for an attorney as Jason mentioned.If they were married and went through a divorce it would be worth looking into how the divorce paperwork stated how that property would be handled.

Hey Aishan, I personally own 12-doors in Detroit and I live in California.

Schools are not great.I would not consider that area anywhere close to AT&T stadium, but maybe closer than CA. 

I am an out of state investor from California.

For appreciating CA properties this could easily be a 7 digit step up in value but i would think in all CA markets would be significant.  

I bought a 3 acre plot in Sonoma county CA. late 90s unbuildable everyone told me it was not worth buying since it would not perk and you could not build on it and Utls are a long way away. etc etc.. well there was a new overchange put in about 3/4 of a mile away connecting my access road to the freeway . 

@Elizabeth King Your property does not need to be in an LLC to benefit from real estate tax advantages.