@Arun MaheshwariFrom my experience of working with over 400 investors, Richmond, Texas, is a promising location for single-family home investments due to its growing population, suburban appeal, and proximity to Houston's strong job market.

Just wondering if anyone has an recommendations on reliable resources thanks in advance 29 rentals if they are at full occupancy, depending where they are located, should be great cash flow.

If it's in a good location anticipated to go up in value, it could be worth it

I don't know enough about your rentals to determine quality, location, or layout, but I suspect my numbers are pretty close.However, your utilities are pretty expensive in the winter.

. - In the extremely unlikely event that you get a property under contract, your assignment fee, in many locations, and probably on average, will be less than the commission a licensed broker would have received for selling the property. - You will be at risk of breaking the law, as many states are creating laws that effectively ban wholesaling, and while wholesaling gurus claim that this is not the case, they are either lying or deluded.

To me the biggest takeaway is that as real estate professionals, we always talk about location, location, location.

Just to clarify, my LLC would have to be in the state the property is located in?

Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

For the LTR outside CA, forming an LLC in the state where the property is located can reduce administrative costs and avoid double franchise taxes in California.

Were you able to locate one?