Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

That said, be prepared to act fast on non REOs, or shell out a little more than usual and bring an inspector during tours.

We talked about an aggressive paydown at a rate of $5k for the next 6 months to make the deal sweeter for the next person, but renting it would be preferable to that I believe since I can get a higher return on smaller development projects at a burn rate like that. 

Are you looking for higher cash returns, greater appreciation, or a good mix of both? 

So, when Trump changes to no tax on tips I feel inclined to change my rental income structure.50% reduction in rent.Previous 50% made up from a mandatory nontaxable tip. 

Just give them a non renewal notice.

A non-recourse loan is an option if your SDIRA doesn't have enough funds.

There's likely so much competition at the comps stage that it's commoditized at this point.I would be curious to hear from others, like @Nicholas L. or @Bob Stevens what parts *after* pulling comps they feel could possible be automated without falling into non-scalable traps like iBuyers ran into once they tried scaling their algorithms.

Analyzing an investment with the Cash on Cash return makes more sense to me.

Heck, you process debit cards if you insist for 1/10th the cost and non-reversible.