How many months interest reserve held at closing?

If the real properties are held until a parent's death, there likely would be a basis step-up on the real properties, especially if they are community property since CA is a community property state. 

Interested to hear from investors that have held properties in the area and whether they've felt a decline in maintenance for the winter months. 

I am not an attorney, so don't take this as legal advice, but I had a lender tell me that financing with a DSCR compliments holding a STR in an LLC for liability purposes.Financing an STR held in an LLC with a 2nd home mortgage that reports to your personal credit creates a hole in the corporate veil per se.On the other hand, financing an STR held in an LLC with a DSCR loan that is qualified only by the asset's income offers much more separation of personal and business liability.

@Wesley W. i assume you’ve already confirmed how title is held and that the property will need to go thru probate.

So if your purchase has a ton of equity, there is a possibility that you can have another auction - called a short date sale, to be held in front  of the subject house.

Funds currently being held by QI. 

I got comped on a three day seminary's back in 2014 that Scott held in Phoenix.  

If I held it until the tenant decides to move on, though, I could complete a BRRR for a significant return.

XXXXXXXXXXX, in book, page, of the Official Records of the County of Los Angeles County, State of California;WHEREAS, the Trustee does hereby reconvey, without warranty, to the person or persons legally entitled thereto, the estate now held by the Trustee under said Deed of Trust.Dated 1/17/2013Trustee: ReconTrust CompanyBy: Maria Fregin, Assistant Vice PresidentState of Arizona, County of Maricopa.....and then below all that, it is notarized.