As you probably know, California includes all foreign immigration - both legal and illegal to boost the numbers.

Then again this would also mean that I'd need to build a small team, and I'd need everyone to perform whereas they're bringing it all in one.Another big thing here is the risk - as I said above I have a fairly pessimistic view about the economy in the next couple of years..

If you are interested I could get you detailed information on where STR's perform best within the country.

It’s a tax office, so I suspect they might be waiting to see how their business performs and the impact of technology before deciding.Thanks in advance for any advice or insights you can offer!

Perform this research by using the rent comp tool on BiggerPockets as well as FB marketplace, Zillow, Craigslist, etc Also for those 15% of units that are “at market”.

This service is provided by several authorized 3rd party companies.2024 update: If you file more than 10 1099s, you MUST eFile them now.Here are some of the online 1099 filing companies, and you can easily find others:tax1099.comWageFiling.com1099online.comThese companies charge under $5 per form.

You will have to gather more accurate operating costs (vacancy loss, taxes, utilities, insurance, mgmt fees, maintenance, HOA) to best determine potential future performance.

Most are performing well and a couple of them are in the middle of dealing with evictions. 

Turning a historic duplex into a high-performing asset while forcing $100k in appreciation is no small feat—seriously impressive. 

If you get a quote significantly below the numbers above you need to ensure that the contractor will actually execute the work and perform it to the required standard.