Yep --- It's called CA Community Property Law --- The California Family Code governs all aspects of marriage and divorce, including how assets are divided. 

If you have any bandwidth to discuss that aspect with me, I would love to pick your brain about you source deals and what is working for you in this current market.

However, if you ever manage properties in colder climates, it's crucial to have a snow removal plan in place.

I mean we used to sell notes in the day with a " With Recourse endorsement" in CA that meant you had to make good on the note.. but don't think those are done anymore with the scrutiny on the securities aspect..

This can lead to more opportunities and partnerships.Market Understanding: As a property manager, you'll gain a deeper understanding of the local market, which can be invaluable when you start acquiring your own properties.Steady Income Stream: Property management can provide a consistent income, which can be particularly beneficial in the early stages of your real estate venture.Skill Development: You'll develop a range of skills from customer service to maintenance oversight, which are crucial for successful property ownership.Brand Recognition: Establishing a presence as a reliable property management company can boost your reputation, making it easier to attract tenants and investors when you start acquiring properties.Cons:Time Commitment: Property management can be time-consuming, especially if you're dealing with multiple properties or demanding clients.Regulatory Compliance: Staying compliant with local laws and regulations requires diligence and can be complex.Conflict Resolution: Dealing with tenant issues and conflicts is an inevitable part of property management and can sometimes be challenging.Financial Risk: There are financial risks involved, including late payments or damage to properties.Market Fluctuations: The property market can be unpredictable, affecting both rental income and property values.Overall, starting with a property management company can be a smart way to enter the real estate space, especially in an area with a clear need for such services.

It’s crucial to stay disciplined here, as overspending on land can limit the funds available for construction and other expenses.Development Scale: I’d recommend avoiding developments in the range of 4-50 units unless you have a very specific reason.

You need to be taken seriously in all aspects.

But if do a BRRRR from far away that's risky too, without a really good and trustworthy team in place and lots of checks and balances (security cameras, someone local to check on your property) and the ARV and refinance aspect can be challenging.  

Bigger pockets has updated the site but left off a crucial piece.

While you can make a 50% down payment, it's crucial to have an emergency fund in place.