But keep in mind, the top of their list is going to be people that they’ve worked with in the past and probably closed deals with.

Are your losses locked up against your passive income?

I would love to partner up to see how things work and get some real on hands experience with someone who knows a few ins and outs.

Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.

As for vehicle vs RE, I agree this was a vehicle but the peace of mind was unrelated. 

Keep in mind, you should have already had a conversation with the hard money Lender to know their terms and process, and be ready to perform. 

But I'll mind my own business now. 

Property management can be great if you are willing to give up a percentage of your gross rents to not deal with headaches, but it's not like you can just ignore your asset.

I'm very interested in learning from experienced investors and connecting with other like-minded individuals.I'll definitely consider attending your meetup on the first Saturday of next month.

The factors you mentioned are very important to keep in mind for any investment, but I like investing in areas I know.