* Have adequate landlord insurance for each of the rental properties  * Have umbrella policy insurance to cover all the rental properties  * No luxury to setup one California LLC per each rental property for cost reason ($800x + extra $$ for CPA/lawyer, where multiplier x is number of properties)  * Actively doing buy 'n' holdBased on these conditions, here is my understanding.California LLC (or its protection) is not good for one or more of the following:  * Single member LLC  * Carry mortgage on rental properties  (risk of due on sale clause)  * Quit claim deed to LLC (risk of county property tax reassessment and transfer tax)  * All rental properties are in the same LLC  (pointless, just like all under our names)California LLC is good for tax write off, including but not limited to the following

Find the price for baseboards you would prefer to use at home store & multiply times linear feet gives you material cost for baseboards. 

It’s either your accessed value which never seems to go down or the multiplier.  

Also, I use 70% from ARV less rehab for that rule, not ARV - rehab then subtotal and multiply 70% like one post above, meaning for a small 1M house that needs 100k rehab, my MAO is 600k.

Make sure you have columns for (at least):  Purchase price per above ground SF, Purchase price per gross building PSF, Foundation Size, Gross Rent Multiplier (the purchase price is X.X times the annual gross rents). 

Also advanced data such as rent per square foot and gross income multiplier are all with in norms for the area.

Reason being, at this point in your life it sounds as though you are younger, and truly your money would be best spent multiplied.

The millage is .2415 (So if a property is $100,000 you'd multiply it by 6% for non-owner occupied then by .2415 to find the annual taxes will be $1,449.

I’ve found that if you multiply the average market rent by .6 it‘ll give you a rough estimate of your cap rate. 

To figure out the property tax, i just multiplied the sale price by .0125, then divided by 12.