It's was so easy for me getting started to get shiny object sindrome instead of locking in ONE STRATEGY, ONE NEIGHBORHOOD, ONE PROPERTY TYPE, ONE RENOVATION TYPE, etc. 

With your background in cyber security and experience in the stock market, you’re already bringing a strong foundation of analytical skills that will serve you well in this space.It sounds like you’ve done your research and are ready to take the next step—do you have a specific market or strategy in mind for your first real estate investment?

I'll consider the strategy of pre-screening with Zillow and using mysmartmove with the final candidate!

I'm an investor and agent in VB happy to talk through your strategies sometime.

Is what you mentioned (lease your property to an LLC) a good strategy to avoid transferring my deed to my LLC and avoid the possibility of the bank calling my note due? 

Looking at this property as a long term rental strategy.

Outline a clear exit strategy to meet your long-term goal of retaining the property for cash flow.Work with a CPA to ensure tax efficiency, particularly around depreciation, capital gains, and partnership income.

Hi @Drew Sygit, thanks for your response.You shared some good insight, particularly about the classes of tenants that would push back against the strategy I proposed originally.

Would be happy to connect to discuss strategies.

Hey BiggerPockets Community,If you're a real estate investor or developer eyeing opportunities in Los Angeles, SB-9 (the California HOME Act) could be a game-changer for your strategy.