Quote from @Tom Gorrell: We have 3 rentals in CA and one in Kentucky (total value about 2.5 M)some W2 incomesome pension incomesome syndication income and some from a business (s corp)  @Tom GorrellIf they are providing tax planning and/or bookkeeping with the tax prep, then the price is reasonable. 

I can do 10% down on second home in TX,CA or FL15% down on DSCR for investment in most states

One land speculation I bought 4 acres in sonoma County CA ( wine country) in 96 for 27k it was unbuildable at the time ( could not get a septic system on it) Well city grew to us The Graton Casino comes in right across the street and we sold a few years ago for over 2 mil to a land assemblage investment company.

CA rules do not require a closet but some jurisdictiins in CA require a closet.  

This is relevant for multiple reasons 1) appreciation is where the real wealth is generated in RE 2) real estate has tax advantages over cash flow 3) in CA property tax increase is capped.  

As I’m sure you know, Las Vegas is SUPER cheap compared to most of California, Miami, or NYC.

/for-landlords/Although they're here in California, they manage our out-of-state properties.

The PM company’s in-depth knowledge of California’s tenant laws and a rock-solid screening process.Hope this gives you a strong starting point.

Mostly California but at least one east coast state in famous for it as well. 

- No it can be any type of investment property- If I did buy a duplex here in CA could I live in one side while renting out the other?