Landlord-tenant regulations are a bit complex in California and getting hands on is the best way to learn before expanding into larger investments. 

CA is an expensive market and regarding tenant laws in my eyes more complicated/difficult as a rookie landlord.

California landlords can now enjoy streamlined maintenance and cost savings thanks to AB 2622.Signed into law in September 2024, AB 2622 raises the threshold for unlicensed contracting work from $500 to $1,000.

I have heard that CA is very competitive and very difficult to find deals in.

Working this backwards, what I see is a 3rd party trying to benefit from another’s house via rental cashflow, My only business is 30+ years as probate estate and trust lending in CA. I

Hello my name is Yanick, I live in California.

Quote from @Steven Barr: Quote from @Jay Hinrichs: Never did one in GA .. my experience is in CA.. I

What we're getting here in CA is unpermitted, non warranties work.

I like umbrella because there is no worry of being pierced for inadequate separation of finances, if sued you have a heavy weight in your corner who has all the consequences of a defeat, and because usually it is reasonably priced (mine today is not so reasonably priced but I believe it is mostly related to the risks of CA).I do understand that the probability of needing the umbrella policy is low.  

And CA is extremely tenant friendly so it's not a great place for a rental.