A local realtor can help, but as mentioned in this post, the best way to tell is to go there yourself.

Investors like security, so the more clarity you can provide, the better.If you need help with structuring the deal or reviewing terms, feel free to reach out.

Hope that helps!

It really depends on what goals you are trying to accomplish and the type of housing you are looking.My partner and I have our own construction companies that we work together and we've been helping clients to renovate to either flip or rentals.

It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.

I could be wrong, but I think the purpose of this forum isn't for CPAs to fight and throw out IRS Pubs and Regs (although, these are helpful) to impress everyone. 

The good ones will help keep you out of the bad deals and can help you with your numbers to make sure it is a good deal. 

I’m going to send you DM to help jumpstart your brainstorming for more buy and hold investments.

My rental is in Upstate NY and I have a great lawyer that I could refer to you who could help you draw up the appropriate lease.

I’d love to hear your insights to help guide newer investors like myself and others in the community.