I am continuing to buy residential properties.

@Rory DarcyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

@Stuart Udis I would say the way I buy is unconventional.

Buy new properties in existing funds while trying to sell off the dogs or get the fleas off the dogs.4.

I’m a prior realtor, with wholesaler experience and have done some buy and holds in residential properties.

Can you buy a house and be within reason of what your current rent? 

If you plan to buy in your hometown, buy a 2-4 unit, and live in one of the units.

Originally posted by @Max Gradowitz:I'm in CA and the most common LLC-related question I get is "I live in CA, I want to buy properties in other states, what state should I open an LLC in so I can save money?"

For lending, your rates are going to be higher than if you were to buy under personal name.

It's very simple, here is the header for one sheet:# Of RentalsAddressDate BoughtYear Roof was put onCost of PropertyValue of Property 2017Value of Property 2021TaxInsuranceMortgageMaint/HOAAC FiltersRent Per MonthThen I have another sheet to keep track of any expenses for the year:# Of RentalsAddressCityJanFebMarAprMayEverything is very organized on these two sheets for the CPA every January.